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Ricoh Co (FRA:RIC1) Gross Profit : €5,268 Mil (TTM As of Dec. 2023)


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What is Ricoh Co Gross Profit?

Ricoh Co's gross profit for the three months ended in Dec. 2023 was €1,340 Mil. Ricoh Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €5,268 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ricoh Co's gross profit for the three months ended in Dec. 2023 was €1,340 Mil. Ricoh Co's Revenue for the three months ended in Dec. 2023 was €3,726 Mil. Therefore, Ricoh Co's Gross Margin % for the quarter that ended in Dec. 2023 was 35.96%.

Ricoh Co had a gross margin of 35.96% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ricoh Co was 42.15%. The lowest was 34.02%. And the median was 38.22%.

Warning Sign:

Ricoh Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.1%.


Ricoh Co Gross Profit Historical Data

The historical data trend for Ricoh Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ricoh Co Gross Profit Chart

Ricoh Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,106.40 6,065.23 4,422.65 4,768.04 5,208.75

Ricoh Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,347.47 1,443.36 1,241.90 1,242.72 1,339.97

Competitive Comparison of Ricoh Co's Gross Profit

For the Business Equipment & Supplies subindustry, Ricoh Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ricoh Co's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ricoh Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ricoh Co's Gross Profit falls into.



Ricoh Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Ricoh Co's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=14912.913 - 9704.161
=5,209

Ricoh Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=3726.415 - 2386.442
=1,340

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €5,268 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Ricoh Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,340 / 3726.415
=35.96 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Ricoh Co  (FRA:RIC1) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ricoh Co had a gross margin of 35.96% for the quarter that ended in Dec. 2023 => Competition eroding margins


Ricoh Co Gross Profit Related Terms

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Ricoh Co (FRA:RIC1) Business Description

Traded in Other Exchanges
Address
3-6, Nakamagome 1-chome, Ohta-ku, Tokyo, JPN, 143-8555
Ricoh Co Ltd provides products, services, and solutions in offices and other environments. The company's Imaging and Solutions segment is engaged in office imaging, production printing, and network system solutions. Industrial Products segment manufactures and sales of thermal media, optical equipment, semiconductors, electronic component and the Inkjet head. Its Other segment is engaged in manufacturing and sales of digital cameras, financing business and logistics services provided by the company's subsidiaries. The company's revenue is majorly derived from Japan.

Ricoh Co (FRA:RIC1) Headlines

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