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Ecomic Co (TSE:3802) Gross Profit : 円727 Mil (TTM As of Dec. 2023)


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What is Ecomic Co Gross Profit?

Ecomic Co's gross profit for the three months ended in Dec. 2023 was 円453 Mil. Ecomic Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円727 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ecomic Co's gross profit for the three months ended in Dec. 2023 was 円453 Mil. Ecomic Co's Revenue for the three months ended in Dec. 2023 was 円1,074 Mil. Therefore, Ecomic Co's Gross Margin % for the quarter that ended in Dec. 2023 was 42.20%.

Ecomic Co had a gross margin of 42.20% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Ecomic Co was 32.23%. The lowest was 26.30%. And the median was 29.40%.


Ecomic Co Gross Profit Historical Data

The historical data trend for Ecomic 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.

Ecomic Co Gross Profit Chart

Ecomic 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 346.86 414.24 464.71 542.00 714.25

Ecomic 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 427.71 182.23 72.69 19.05 453.10

Competitive Comparison of Ecomic Co's Gross Profit

For the Specialty Business Services subindustry, Ecomic 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.


Ecomic Co's Gross Profit Distribution in the Business Services Industry

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

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



Ecomic Co Gross Profit Calculation

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

Ecomic 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
=2216.238 - 1501.988
=714

Ecomic 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
=1073.698 - 620.601
=453

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727 Mil.

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

Ecomic 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
=453 / 1073.698
=42.20 %

* 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.


Ecomic Co  (TSE:3802) 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

Ecomic Co had a gross margin of 42.20% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Ecomic Co Gross Profit Related Terms

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Ecomic Co (TSE:3802) Business Description

Traded in Other Exchanges
N/A
Address
Otanishi 8-chome 1-1 Asahi Life Sapporo Odori Building, Chuo-ku, Sapporo, JPN, 060-0042
Ecomic Co Ltd is a Japanese firm. It provides payroll outsourcing services. The Company develops and sells payroll calculation systems and provides salary consulting services throughout Japan. It also develops and maintains computer software and sells and operates personnel management systems.

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