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Topy Industries (TSE:7231) Gross Profit : 円46,049 Mil (TTM As of Dec. 2023)


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What is Topy Industries Gross Profit?

Topy Industries's gross profit for the three months ended in Dec. 2023 was 円14,086 Mil. Topy Industries's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円46,049 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Topy Industries's gross profit for the three months ended in Dec. 2023 was 円14,086 Mil. Topy Industries's Revenue for the three months ended in Dec. 2023 was 円90,347 Mil. Therefore, Topy Industries's Gross Margin % for the quarter that ended in Dec. 2023 was 15.59%.

Topy Industries had a gross margin of 15.59% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Topy Industries was 17.45%. The lowest was 11.45%. And the median was 14.65%.

Warning Sign:

Topy Industries Ltd gross margin has been in long-term decline. The average rate of decline per year is -5.3%.


Topy Industries Gross Profit Historical Data

The historical data trend for Topy Industries'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.

Topy Industries Gross Profit Chart

Topy Industries 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 42,118.00 36,059.00 26,803.00 31,055.00 44,616.00

Topy Industries 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 13,420.00 10,581.00 10,246.00 11,136.00 14,086.00

Competitive Comparison of Topy Industries's Gross Profit

For the Auto Parts subindustry, Topy Industries'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.


Topy Industries's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Topy Industries's Gross Profit distribution charts can be found below:

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



Topy Industries Gross Profit Calculation

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

Topy Industries'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
=334496 - 289880
=44,616

Topy Industries's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=90347 - 76261
=14,086

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46,049 Mil.

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

Topy Industries'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
=14,086 / 90347
=15.59 %

* 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.


Topy Industries  (TSE:7231) 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

Topy Industries had a gross margin of 15.59% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Topy Industries Gross Profit Related Terms

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Topy Industries (TSE:7231) Business Description

Traded in Other Exchanges
N/A
Address
Art Village Osaki Central Tower, 1-2-2 Osaki, Shinagawa-ku, Tokyo, JPN, 141-8634
Topy Industries Ltd is a Japanese producer of steel and automotive and industrial machinery components. Topy's largest segment by revenue, automotive and industrial machinery components, produces steel and aluminum wheels for passenger cars, commercial trucks, and buses; ultra-large-diameter wheels for mining dump trucks; industrial spring steel fasteners; and undercarriage components such as track shoes, cutting edges, links, and rollers. In its second- largest segment, the company produces general steel sections, deformed and flat bars, mast rail sections for forklifts, and universal mill plates.

Topy Industries (TSE:7231) Headlines

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