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Cross Cat Co (TSE:2307) Gross Profit : 円3,346 Mil (TTM As of Dec. 2023)


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What is Cross Cat Co Gross Profit?

Cross Cat Co's gross profit for the three months ended in Dec. 2023 was 円940 Mil. Cross Cat Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円3,346 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cross Cat Co's gross profit for the three months ended in Dec. 2023 was 円940 Mil. Cross Cat Co's Revenue for the three months ended in Dec. 2023 was 円3,863 Mil. Therefore, Cross Cat Co's Gross Margin % for the quarter that ended in Dec. 2023 was 24.34%.

Cross Cat Co had a gross margin of 24.34% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Cross Cat Co was 23.15%. The lowest was 15.93%. And the median was 21.24%.


Cross Cat Co Gross Profit Historical Data

The historical data trend for Cross Cat 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.

Cross Cat Co Gross Profit Chart

Cross Cat 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 2,164.68 2,118.27 2,005.08 2,700.82 3,202.80

Cross Cat 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 829.76 681.95 840.48 883.02 940.09

Competitive Comparison of Cross Cat Co's Gross Profit

For the Software - Application subindustry, Cross Cat 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.


Cross Cat Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Cross Cat Co's Gross Profit distribution charts can be found below:

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



Cross Cat Co Gross Profit Calculation

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

Cross Cat 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
=13835.749 - 10632.946
=3,203

Cross Cat 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
=3863.021 - 2922.936
=940

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 円3,346 Mil.

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

Cross Cat 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
=940 / 3863.021
=24.34 %

* 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.


Cross Cat Co  (TSE:2307) 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

Cross Cat Co had a gross margin of 24.34% for the quarter that ended in Dec. 2023 => Competition eroding margins


Cross Cat Co Gross Profit Related Terms

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Cross Cat Co (TSE:2307) Business Description

Traded in Other Exchanges
N/A
Address
1-2-70 Konan, Minato-ku, Shinagawa Season Terrace, Tokyo, JPN, 108-0075
Cross Cat Co Ltd provides an array of system solutions in the area of system development services and business intelligence. It provides system solutions and staffing services to the financial, credit, public, telecom, manufacturing, retail, and other sectors. It also offers staffing solutions such as employee dispatching and outsourcing services.

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