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Pacific Net Co (TSE:3021) Gross Profit : 円2,923 Mil (TTM As of May. 2024)


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What is Pacific Net Co Gross Profit?

Pacific Net Co's gross profit for the three months ended in May. 2024 was 円870 Mil. Pacific Net Co's gross profit for the trailing twelve months (TTM) ended in May. 2024 was 円2,923 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pacific Net Co's gross profit for the three months ended in May. 2024 was 円870 Mil. Pacific Net Co's Revenue for the three months ended in May. 2024 was 円1,986 Mil. Therefore, Pacific Net Co's Gross Margin % for the quarter that ended in May. 2024 was 43.80%.

Pacific Net Co had a gross margin of 43.80% for the quarter that ended in May. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Pacific Net Co was 46.71%. The lowest was 40.21%. And the median was 43.64%.

Warning Sign:

Pacific Net Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.5%.


Pacific Net Co Gross Profit Historical Data

The historical data trend for Pacific Net 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.

Pacific Net Co Gross Profit Chart

Pacific Net Co Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,098.13 2,421.55 2,214.49 2,660.45 2,923.28

Pacific Net Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 752.74 636.02 708.74 708.69 869.82

Competitive Comparison of Pacific Net Co's Gross Profit

For the Computer Hardware subindustry, Pacific Net 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.


Pacific Net Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pacific Net Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Pacific Net Co's Gross Profit falls into.



Pacific Net Co Gross Profit Calculation

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

Pacific Net Co's Gross Profit for the fiscal year that ended in May. 2024 is calculated as

Gross Profit (A: May. 2024 )=Revenue - Cost of Goods Sold
=6921.313 - 3998.034
=2,923

Pacific Net Co's Gross Profit for the quarter that ended in May. 2024 is calculated as

Gross Profit (Q: May. 2024 )=Revenue - Cost of Goods Sold
=1986.013 - 1116.193
=870

Gross Profit for the trailing twelve months (TTM) ended in May. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,923 Mil.

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

Pacific Net Co's Gross Margin % for the quarter that ended in May. 2024 is calculated as

Gross Margin % (Q: May. 2024 )=Gross Profit (Q: May. 2024 ) / Revenue (Q: May. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=870 / 1986.013
=43.80 %

* 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.


Pacific Net Co  (TSE:3021) 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

Pacific Net Co had a gross margin of 43.80% for the quarter that ended in May. 2024 => Durable competitive advantage


Pacific Net Co Gross Profit Related Terms

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Pacific Net Co Business Description

Traded in Other Exchanges
N/A
Address
5-20-14 Mita Suzuki Building 6th Floor, Shiba, Minato-ku, Tokyo, JPN, 108-0014
Pacific Net Co Ltd is engaged in reusing and recycling personal computers (PC) and other information equipment in Japan. It also provides personal computer rental and data erasing services.

Pacific Net Co Headlines

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