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Marudai Food Co (TSE:2288) Gross Profit : 円34,674 Mil (TTM As of Mar. 2024)


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What is Marudai Food Co Gross Profit?

Marudai Food Co's gross profit for the three months ended in Mar. 2024 was 円7,276 Mil. Marudai Food Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円34,674 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Marudai Food Co's gross profit for the three months ended in Mar. 2024 was 円7,276 Mil. Marudai Food Co's Revenue for the three months ended in Mar. 2024 was 円52,900 Mil. Therefore, Marudai Food Co's Gross Margin % for the quarter that ended in Mar. 2024 was 13.75%.

Marudai Food Co had a gross margin of 13.75% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Marudai Food Co was 23.22%. The lowest was 13.73%. And the median was 22.11%.

Warning Sign:

Marudai Food Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -9.4%.


Marudai Food Co Gross Profit Historical Data

The historical data trend for Marudai Food 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.

Marudai Food Co Gross Profit Chart

Marudai Food Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55,480.00 34,512.00 31,958.00 30,483.00 34,676.00

Marudai Food Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6,021.00 8,573.00 8,641.00 10,184.00 7,276.00

Competitive Comparison of Marudai Food Co's Gross Profit

For the Packaged Foods subindustry, Marudai Food 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.


Marudai Food Co's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Marudai Food Co's Gross Profit distribution charts can be found below:

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



Marudai Food Co Gross Profit Calculation

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

Marudai Food Co's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=228808 - 194132
=34,676

Marudai Food Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=52900 - 45624
=7,276

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円34,674 Mil.

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

Marudai Food Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=7,276 / 52900
=13.75 %

* 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.


Marudai Food Co  (TSE:2288) 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

Marudai Food Co had a gross margin of 13.75% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Marudai Food Co Gross Profit Related Terms

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Marudai Food Co (TSE:2288) Business Description

Traded in Other Exchanges
N/A
Address
21-3, Midori-cho, Takatsuki-shi, Osaka, JPN
Marudai Food Co Ltd is a food manufacturing company, which through its subsidiaries, is engaged in the manufacturing and sale of hams and sausages, including bone-less hams, bacon, wiener sausages, fish hams and sausages.

Marudai Food Co (TSE:2288) Headlines

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