GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Oomitsu Co Ltd (TSE:3160) » Definitions » Gross Profit

Oomitsu Co (TSE:3160) Gross Profit : 円13,247 Mil (TTM As of Feb. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Oomitsu Co Gross Profit?

Oomitsu Co's gross profit for the three months ended in Feb. 2024 was 円3,199 Mil. Oomitsu Co's gross profit for the trailing twelve months (TTM) ended in Feb. 2024 was 円13,247 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Oomitsu Co's gross profit for the three months ended in Feb. 2024 was 円3,199 Mil. Oomitsu Co's Revenue for the three months ended in Feb. 2024 was 円18,058 Mil. Therefore, Oomitsu Co's Gross Margin % for the quarter that ended in Feb. 2024 was 17.72%.

Oomitsu Co had a gross margin of 17.72% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Oomitsu Co was 20.24%. The lowest was 18.63%. And the median was 18.86%.


Oomitsu Co Gross Profit Historical Data

The historical data trend for Oomitsu 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.

Oomitsu Co Gross Profit Chart

Oomitsu Co Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,719.01 11,684.63 10,955.10 10,885.48 12,390.60

Oomitsu Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3,138.30 3,331.50 3,377.28 3,338.71 3,199.25

Competitive Comparison of Oomitsu Co's Gross Profit

For the Food Distribution subindustry, Oomitsu 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.


Oomitsu Co's Gross Profit Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Oomitsu Co's Gross Profit distribution charts can be found below:

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



Oomitsu Co Gross Profit Calculation

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

Oomitsu Co's Gross Profit for the fiscal year that ended in May. 2023 is calculated as

Gross Profit (A: May. 2023 )=Revenue - Cost of Goods Sold
=64825.518 - 52434.914
=12,391

Oomitsu Co's Gross Profit for the quarter that ended in Feb. 2024 is calculated as

Gross Profit (Q: Feb. 2024 )=Revenue - Cost of Goods Sold
=18058.444 - 14859.194
=3,199

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円13,247 Mil.

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

Oomitsu Co's Gross Margin % for the quarter that ended in Feb. 2024 is calculated as

Gross Margin % (Q: Feb. 2024 )=Gross Profit (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,199 / 18058.444
=17.72 %

* 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.


Oomitsu Co  (TSE:3160) 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

Oomitsu Co had a gross margin of 17.72% for the quarter that ended in Feb. 2024 => No sustainable competitive advantage


Oomitsu Co Gross Profit Related Terms

Thank you for viewing the detailed overview of Oomitsu Co's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Oomitsu Co (TSE:3160) Business Description

Traded in Other Exchanges
N/A
Address
2-66, Asakusa Ogaki, Gifu, JPN, 503-0947
Oomitsu Co Ltd is a Japan-based company engaged in the distribution of wholesale foods to major chain restaurants, hotels, and other food catering facilities. The company also operates retail food sales to small- size restaurants and general consumers.

Oomitsu Co (TSE:3160) Headlines

No Headlines