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inspec (TSE:6656) Gross Profit : 円716 Mil (TTM As of Jan. 2024)


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What is inspec Gross Profit?

inspec's gross profit for the three months ended in Jan. 2024 was 円136 Mil. inspec's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was 円716 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. inspec's gross profit for the three months ended in Jan. 2024 was 円136 Mil. inspec's Revenue for the three months ended in Jan. 2024 was 円302 Mil. Therefore, inspec's Gross Margin % for the quarter that ended in Jan. 2024 was 44.83%.

inspec had a gross margin of 44.83% for the quarter that ended in Jan. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of inspec was 42.87%. The lowest was 35.89%. And the median was 40.34%.

Warning Sign:

inspec Inc gross margin has been in long-term decline. The average rate of decline per year is -2.8%.


inspec Gross Profit Historical Data

The historical data trend for inspec'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.

inspec Gross Profit Chart

inspec Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,184.36 743.67 457.16 662.68 845.81

inspec Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 220.93 506.07 34.88 39.62 135.54

Competitive Comparison of inspec's Gross Profit

For the Semiconductor Equipment & Materials subindustry, inspec'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.


inspec's Gross Profit Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, inspec's Gross Profit distribution charts can be found below:

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



inspec Gross Profit Calculation

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

inspec's Gross Profit for the fiscal year that ended in Apr. 2023 is calculated as

Gross Profit (A: Apr. 2023 )=Revenue - Cost of Goods Sold
=2290.44 - 1444.63
=846

inspec's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=302.344 - 166.807
=136

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円716 Mil.

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

inspec's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=136 / 302.344
=44.83 %

* 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.


inspec  (TSE:6656) 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

inspec had a gross margin of 44.83% for the quarter that ended in Jan. 2024 => Durable competitive advantage


inspec Gross Profit Related Terms

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inspec (TSE:6656) Business Description

Traded in Other Exchanges
N/A
Address
79-1 Kumokai Arayashiki Kakunodatemachi, Senhoku-shi, JPN, 014-0341
inspec Inc is engaged as manufacturer of visual inspection equipment that inspects the appearance of semiconductors and various IT related services. The company also offers services like regular maintenance, calibration service, and operation support services.

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