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Cube Co (TSE:7112) Gross Profit : 円2,731 Mil (TTM As of Mar. 2024)


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What is Cube Co Gross Profit?

Cube Co's gross profit for the three months ended in Mar. 2024 was 円699 Mil. Cube Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was 円2,731 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cube Co's gross profit for the three months ended in Mar. 2024 was 円699 Mil. Cube Co's Revenue for the three months ended in Mar. 2024 was 円1,225 Mil. Therefore, Cube Co's Gross Margin % for the quarter that ended in Mar. 2024 was 57.09%.

Cube Co had a gross margin of 57.09% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Cube Co was 60.34%. The lowest was 52.85%. And the median was 55.58%.


Cube Co Gross Profit Historical Data

The historical data trend for Cube 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.

Cube Co Gross Profit Chart

Cube Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
1,422.71 2,353.85 2,938.61 2,755.87

Cube Co Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only 723.99 665.84 757.49 608.56 699.47

Competitive Comparison of Cube Co's Gross Profit

For the Apparel Manufacturing subindustry, Cube 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.


Cube Co's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cube Co's Gross Profit distribution charts can be found below:

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



Cube Co Gross Profit Calculation

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

Cube 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
=4857.663 - 2101.791
=2,756

Cube 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
=1225.282 - 525.813
=699

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2,731 Mil.

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

Cube 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
=699 / 1225.282
=57.09 %

* 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.


Cube Co  (TSE:7112) 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

Cube Co had a gross margin of 57.09% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Cube Co Gross Profit Related Terms

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Cube Co (TSE:7112) Business Description

Traded in Other Exchanges
N/A
Address
2-17-7 Akasaka, Minato-ku, Tokyo, JPN, 107-0052
Cube Co Ltd is a manufacturer and retailer of private-label MARK & LONA apparel and goods.

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