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Sumitomo Forestry Co (TSE:1911) Gross Profit : 円494,291 Mil (TTM As of Jun. 2024)


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What is Sumitomo Forestry Co Gross Profit?

Sumitomo Forestry Co's gross profit for the three months ended in Jun. 2024 was 円130,457 Mil. Sumitomo Forestry Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was 円494,291 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sumitomo Forestry Co's gross profit for the three months ended in Jun. 2024 was 円130,457 Mil. Sumitomo Forestry Co's Revenue for the three months ended in Jun. 2024 was 円527,784 Mil. Therefore, Sumitomo Forestry Co's Gross Margin % for the quarter that ended in Jun. 2024 was 24.72%.

Sumitomo Forestry Co had a gross margin of 24.72% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Sumitomo Forestry Co was 24.81%. The lowest was 16.46%. And the median was 18.15%.


Sumitomo Forestry Co Gross Profit Historical Data

The historical data trend for Sumitomo Forestry 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.

Sumitomo Forestry Co Gross Profit Chart

Sumitomo Forestry Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 232,146.00 242,689.00 321,994.00 392,970.00 408,830.00

Sumitomo Forestry Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 97,209.00 126,471.00 110,762.00 130,457.00 126,601.00

Competitive Comparison of Sumitomo Forestry Co's Gross Profit

For the Residential Construction subindustry, Sumitomo Forestry 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.


Sumitomo Forestry Co's Gross Profit Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Sumitomo Forestry Co's Gross Profit distribution charts can be found below:

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



Sumitomo Forestry Co Gross Profit Calculation

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

Sumitomo Forestry Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1733169 - 1324339
=408,830

Sumitomo Forestry Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=527784 - 397327
=130,457

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円494,291 Mil.

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

Sumitomo Forestry Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=130,457 / 527784
=24.72 %

* 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.


Sumitomo Forestry Co  (TSE:1911) 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

Sumitomo Forestry Co had a gross margin of 24.72% for the quarter that ended in Jun. 2024 => Competition eroding margins


Sumitomo Forestry Co Gross Profit Related Terms

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Sumitomo Forestry Co Business Description

Traded in Other Exchanges
Address
Keidanren Kaikan, 3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8270
Website
Sumitomo Forestry Co Ltd is a diversified Japanese company that focuses on timber and building materials as well as residential construction. The company's timber business is one of Japan's leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company's timber materials and design. These two business units provide the majority of the company's revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.

Sumitomo Forestry Co Headlines

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