GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Cotta Co Ltd (TSE:3359) » Definitions » Gross Profit

Cotta Co (TSE:3359) Gross Profit : 円2,914 Mil (TTM As of Mar. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Cotta Co Gross Profit?

Cotta Co's gross profit for the three months ended in Mar. 2024 was 円801 Mil. Cotta Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円2,914 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cotta Co's gross profit for the three months ended in Mar. 2024 was 円801 Mil. Cotta Co's Revenue for the three months ended in Mar. 2024 was 円2,385 Mil. Therefore, Cotta Co's Gross Margin % for the quarter that ended in Mar. 2024 was 33.57%.

Cotta Co had a gross margin of 33.57% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Cotta Co was 41.92%. The lowest was 31.02%. And the median was 35.14%.

Warning Sign:

Cotta Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -3.7%.


Cotta Co Gross Profit Historical Data

The historical data trend for Cotta 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.

Cotta Co Gross Profit Chart

Cotta Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,507.98 3,279.39 3,881.28 2,743.54 2,928.51

Cotta 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 844.30 647.24 577.46 888.15 800.69

Competitive Comparison of Cotta Co's Gross Profit

For the Packaging & Containers subindustry, Cotta 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.


Cotta Co's Gross Profit Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Cotta Co's Gross Profit distribution charts can be found below:

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



Cotta Co Gross Profit Calculation

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

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

Gross Profit (A: Sep. 2023 )=Revenue - Cost of Goods Sold
=8615.805 - 5687.298
=2,929

Cotta 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
=2384.917 - 1584.23
=801

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2,914 Mil.

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

Cotta 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
=801 / 2384.917
=33.57 %

* 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.


Cotta Co  (TSE:3359) 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

Cotta Co had a gross margin of 33.57% for the quarter that ended in Mar. 2024 => Competition eroding margins


Cotta Co Gross Profit Related Terms

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


Cotta Co Business Description

Traded in Other Exchanges
Address
4478-8, Kamioae, Oita, JPN, 478879-2461
Cotta Co Ltd manufactures and sells confectionery food materials and food packaging materials in Japan. It offers cake boxes, handbags, wrapping paper, ribbons and freshness preserving agents, and confectionery materials such as butter and flour The company serves candy stores, bakeries, and individuals.

Cotta Co Headlines

No Headlines