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World Holdings Co (TSE:2429) Gross Profit : 円37,515 Mil (TTM As of Mar. 2024)


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What is World Holdings Co Gross Profit?

World Holdings Co's gross profit for the three months ended in Mar. 2024 was 円7,672 Mil. World Holdings Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円37,515 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. World Holdings Co's gross profit for the three months ended in Mar. 2024 was 円7,672 Mil. World Holdings Co's Revenue for the three months ended in Mar. 2024 was 円54,821 Mil. Therefore, World Holdings Co's Gross Margin % for the quarter that ended in Mar. 2024 was 13.99%.

World Holdings Co had a gross margin of 13.99% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of World Holdings Co was 22.28%. The lowest was 16.69%. And the median was 19.16%.

Warning Sign:

World Holdings Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.


World Holdings Co Gross Profit Historical Data

The historical data trend for World Holdings 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.

World Holdings Co Gross Profit Chart

World Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26,310.00 25,017.00 26,631.00 31,687.00 37,619.00

World Holdings 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 7,776.00 8,010.00 11,136.00 10,697.00 7,672.00

Competitive Comparison of World Holdings Co's Gross Profit

For the Staffing & Employment Services subindustry, World Holdings 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.


World Holdings Co's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, World Holdings Co's Gross Profit distribution charts can be found below:

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



World Holdings Co Gross Profit Calculation

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

World Holdings 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
=213742 - 176123
=37,619

World Holdings 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
=54821 - 47149
=7,672

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37,515 Mil.

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

World Holdings 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
=7,672 / 54821
=13.99 %

* 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.


World Holdings Co  (TSE:2429) 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

World Holdings Co had a gross margin of 13.99% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


World Holdings Co Gross Profit Related Terms

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World Holdings Co (TSE:2429) Business Description

Traded in Other Exchanges
N/A
Address
Hakata Station 2-1-1, Fukuoka Asahi Building, 6th Floor, Fukuoka, JPN, 802-0077
World Holdings Co Ltd is a Japan based company engaged in the human resource and education business, real estate business and information communication business. In the human resource and education business, the company offers contract and temporary placement services and management skills for manufacturing and contracting business to other companies. The real estate business area of the company comprises detached housing sales business, residential condominium sale business, property business, building management business and brokerage business.

World Holdings Co (TSE:2429) Headlines

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