GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medikit Co Ltd (TSE:7749) » Definitions » Gross Profit

Medikit Co (TSE:7749) Gross Profit : 円8,678 Mil (TTM As of Sep. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Medikit Co Gross Profit?

Medikit Co's gross profit for the three months ended in Sep. 2024 was 円2,155 Mil. Medikit Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was 円8,678 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Medikit Co's gross profit for the three months ended in Sep. 2024 was 円2,155 Mil. Medikit Co's Revenue for the three months ended in Sep. 2024 was 円5,657 Mil. Therefore, Medikit Co's Gross Margin % for the quarter that ended in Sep. 2024 was 38.09%.

Medikit Co had a gross margin of 38.09% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Medikit Co was 43.80%. The lowest was 38.50%. And the median was 41.73%.

Warning Sign:

Medikit Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.2%.


Medikit Co Gross Profit Historical Data

The historical data trend for Medikit 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.

Medikit Co Gross Profit Chart

Medikit Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,320.57 7,591.92 8,181.14 8,319.16 8,752.74

Medikit Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2,428.53 1,913.10 2,141.42 2,154.71 2,468.57

Competitive Comparison of Medikit Co's Gross Profit

For the Medical Instruments & Supplies subindustry, Medikit 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.


Medikit Co's Gross Profit Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medikit Co's Gross Profit distribution charts can be found below:

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


;
;

Medikit Co Gross Profit Calculation

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

Medikit Co's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=21850.545 - 13097.808
=8,753

Medikit Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=5656.774 - 3502.069
=2,155

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円8,678 Mil.

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

Medikit Co's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2,155 / 5656.774
=38.09 %

* 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.


Medikit Co  (TSE:7749) 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

Medikit Co had a gross margin of 38.09% for the quarter that ended in Sep. 2024 => Competition eroding margins


Medikit Co Gross Profit Related Terms

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


Medikit Co Business Description

Traded in Other Exchanges
N/A
Address
1-13-2 ,Yushima, Bunkyo-Ku, Tokyo, JPN, 113 0034
Medikit Co Ltd develops, manufactures and sells medical equipment. The company's products offerings are IV Catheter, Hemodialysis, Inner needle, Blood control cap, among others.

Medikit Co Headlines

No Headlines