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Nova System Co (TSE:5257) Gross Profit : 円1,357 Mil (TTM As of Jun. 2024)


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What is Nova System Co Gross Profit?

Nova System Co's gross profit for the three months ended in Jun. 2024 was 円309 Mil. Nova System Co's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was 円1,357 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nova System Co's gross profit for the three months ended in Jun. 2024 was 円309 Mil. Nova System Co's Revenue for the three months ended in Jun. 2024 was 円1,512 Mil. Therefore, Nova System Co's Gross Margin % for the quarter that ended in Jun. 2024 was 20.45%.

Nova System Co had a gross margin of 20.45% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 4 years, the highest Gross Margin % of Nova System Co was 24.60%. The lowest was 18.19%. And the median was 21.60%.


Nova System Co Gross Profit Historical Data

The historical data trend for Nova System 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.

Nova System Co Gross Profit Chart

Nova System Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
854.79 759.21 1,028.16 1,333.83

Nova System Co Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 311.83 359.51 317.27 371.02 309.21

Competitive Comparison of Nova System Co's Gross Profit

For the Software - Application subindustry, Nova System 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.


Nova System Co's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Nova System Co's Gross Profit distribution charts can be found below:

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


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Nova System Co Gross Profit Calculation

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

Nova System Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=5422.716 - 4088.889
=1,334

Nova System Co's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=1511.883 - 1202.669
=309

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円1,357 Mil.

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

Nova System Co's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=309 / 1511.883
=20.45 %

* 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.


Nova System Co  (TSE:5257) 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

Nova System Co had a gross margin of 20.45% for the quarter that ended in Jun. 2024 => Competition eroding margins


Nova System Co Gross Profit Related Terms

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Nova System Co Business Description

Traded in Other Exchanges
N/A
Address
1-3-15 Edobori, Shinishihara Building 9th Floor, Nishi-ku, Osaka, Osaka-shi, JPN, 550-0002
Nova System Co Ltd is primarily involved in the system integration business mainly for the financial and insurance industry, medical care and cloud service business.

Nova System Co Headlines

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