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Wakou Shokuhin Co (TSE:2813) Gross Profit : 円4,051 Mil (TTM As of Dec. 2023)


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What is Wakou Shokuhin Co Gross Profit?

Wakou Shokuhin Co's gross profit for the three months ended in Dec. 2023 was 円1,263 Mil. Wakou Shokuhin Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円4,051 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Wakou Shokuhin Co's gross profit for the three months ended in Dec. 2023 was 円1,263 Mil. Wakou Shokuhin Co's Revenue for the three months ended in Dec. 2023 was 円4,318 Mil. Therefore, Wakou Shokuhin Co's Gross Margin % for the quarter that ended in Dec. 2023 was 29.25%.

Wakou Shokuhin Co had a gross margin of 29.25% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Wakou Shokuhin Co was 27.44%. The lowest was 20.73%. And the median was 24.05%.


Wakou Shokuhin Co Gross Profit Historical Data

The historical data trend for Wakou Shokuhin 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.

Wakou Shokuhin Co Gross Profit Chart

Wakou Shokuhin 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 2,400.78 2,658.23 2,068.26 2,888.58 3,657.13

Wakou Shokuhin 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 1,044.03 841.54 1,030.86 915.62 1,263.28

Competitive Comparison of Wakou Shokuhin Co's Gross Profit

For the Packaged Foods subindustry, Wakou Shokuhin 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.


Wakou Shokuhin Co's Gross Profit Distribution in the Consumer Packaged Goods Industry

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

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



Wakou Shokuhin Co Gross Profit Calculation

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

Wakou Shokuhin 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
=13502.389 - 9845.257
=3,657

Wakou Shokuhin 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
=4318.378 - 3055.101
=1,263

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4,051 Mil.

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

Wakou Shokuhin 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
=1,263 / 4318.378
=29.25 %

* 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.


Wakou Shokuhin Co  (TSE:2813) 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

Wakou Shokuhin Co had a gross margin of 29.25% for the quarter that ended in Dec. 2023 => Competition eroding margins


Wakou Shokuhin Co Gross Profit Related Terms

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Wakou Shokuhin Co (TSE:2813) Business Description

Traded in Other Exchanges
N/A
Address
Hokkaido Otaru City 3-2 Chuetsu 3, Hokkaido, JPN
Wakou Shokuhin Co Ltd is engaged in manufacture and sales of various soup and natural extracts. The category of food products includes soy sauce ramen soup, tonkotsu ramen soup, tsukemen soup, and noodle soup.

Wakou Shokuhin Co (TSE:2813) Headlines

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