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Daiko Denshi Tsushin (TSE:8023) Gross Profit : 円11,323 Mil (TTM As of Dec. 2023)


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What is Daiko Denshi Tsushin Gross Profit?

Daiko Denshi Tsushin's gross profit for the three months ended in Dec. 2023 was 円2,278 Mil. Daiko Denshi Tsushin's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円11,323 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Daiko Denshi Tsushin's gross profit for the three months ended in Dec. 2023 was 円2,278 Mil. Daiko Denshi Tsushin's Revenue for the three months ended in Dec. 2023 was 円9,388 Mil. Therefore, Daiko Denshi Tsushin's Gross Margin % for the quarter that ended in Dec. 2023 was 24.27%.

Daiko Denshi Tsushin had a gross margin of 24.27% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Daiko Denshi Tsushin was 26.38%. The lowest was 15.33%. And the median was 20.47%.


Daiko Denshi Tsushin Gross Profit Historical Data

The historical data trend for Daiko Denshi Tsushin'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.

Daiko Denshi Tsushin Gross Profit Chart

Daiko Denshi Tsushin 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 7,296.27 9,547.69 8,390.84 8,753.75 9,482.03

Daiko Denshi Tsushin 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 1,957.50 3,467.83 2,219.54 3,357.49 2,277.96

Competitive Comparison of Daiko Denshi Tsushin's Gross Profit

For the Electronics & Computer Distribution subindustry, Daiko Denshi Tsushin'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.


Daiko Denshi Tsushin's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Daiko Denshi Tsushin's Gross Profit distribution charts can be found below:

* The bar in red indicates where Daiko Denshi Tsushin's Gross Profit falls into.



Daiko Denshi Tsushin Gross Profit Calculation

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

Daiko Denshi Tsushin'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
=37615.778 - 28133.752
=9,482

Daiko Denshi Tsushin's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=9387.592 - 7109.631
=2,278

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11,323 Mil.

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

Daiko Denshi Tsushin'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
=2,278 / 9387.592
=24.27 %

* 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.


Daiko Denshi Tsushin  (TSE:8023) 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

Daiko Denshi Tsushin had a gross margin of 24.27% for the quarter that ended in Dec. 2023 => Competition eroding margins


Daiko Denshi Tsushin Gross Profit Related Terms

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Daiko Denshi Tsushin (TSE:8023) Business Description

Traded in Other Exchanges
N/A
Address
2-1 Ageba-cho, Shinjuku-ku, Tokyo, JPN, 162-8565
Daiko Denshi Tsushin Ltd is engaged in the sale of information communications equipment and the provision of related services. The principal business activities of the company include system consultancy, sales and maintenances of various types of computers, development and maintenances of software, sales and maintenances of a network, sales of computer-related products and construction of office facility.

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