GURUFOCUS.COM » STOCK LIST » Technology » Software » Avant Group Corp (TSE:3836) » Definitions » Gross Profit

Avant Group (TSE:3836) Gross Profit : 円9,893 Mil (TTM As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Avant Group Gross Profit?

Avant Group's gross profit for the three months ended in Mar. 2024 was 円2,656 Mil. Avant Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円9,893 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Avant Group's gross profit for the three months ended in Mar. 2024 was 円2,656 Mil. Avant Group's Revenue for the three months ended in Mar. 2024 was 円6,063 Mil. Therefore, Avant Group's Gross Margin % for the quarter that ended in Mar. 2024 was 43.81%.

Avant Group had a gross margin of 43.81% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Avant Group was 47.70%. The lowest was 42.50%. And the median was 44.67%.


Avant Group Gross Profit Historical Data

The historical data trend for Avant Group'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.

Avant Group Gross Profit Chart

Avant Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,298.58 7,166.09 7,664.05 8,921.25 9,395.87

Avant Group 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 2,489.99 2,063.45 2,373.42 2,799.68 2,656.17

Competitive Comparison of Avant Group's Gross Profit

For the Software - Application subindustry, Avant Group'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.


Avant Group's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Avant Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Avant Group's Gross Profit falls into.



Avant Group Gross Profit Calculation

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

Avant Group's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=21424.584 - 12028.711
=9,396

Avant Group's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=6063.495 - 3407.321
=2,656

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9,893 Mil.

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

Avant Group'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
=2,656 / 6063.495
=43.81 %

* 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.


Avant Group  (TSE:3836) 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

Avant Group had a gross margin of 43.81% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Avant Group Gross Profit Related Terms

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


Avant Group (TSE:3836) Business Description

Traded in Other Exchanges
N/A
Address
2-15-2 Konan, 13th Floor, Shinagawa Intercity Building B, Minato-ku, Tokyo, JPN, 108-6113
Avant Group Corp formerly, AVANT Corp is a holding company. The company through its subsidiaries is engaged in business solution package development, license sales, consulting service, support service, BI outsourcing business, BI and DWH consulting business, and BI and DWH equipment sales.

Avant Group (TSE:3836) Headlines

No Headlines