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Olympic Group (TSE:8289) Gross Profit : 円34,716 Mil (TTM As of Nov. 2023)


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What is Olympic Group Gross Profit?

Olympic Group's gross profit for the three months ended in Nov. 2023 was 円8,499 Mil. Olympic Group's gross profit for the trailing twelve months (TTM) ended in Nov. 2023 was 円34,716 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Olympic Group's gross profit for the three months ended in Nov. 2023 was 円8,499 Mil. Olympic Group's Revenue for the three months ended in Nov. 2023 was 円21,912 Mil. Therefore, Olympic Group's Gross Margin % for the quarter that ended in Nov. 2023 was 38.79%.

Olympic Group had a gross margin of 38.79% for the quarter that ended in Nov. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Olympic Group was 39.55%. The lowest was 34.05%. And the median was 35.24%.


Olympic Group Gross Profit Historical Data

The historical data trend for Olympic Group'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.

Olympic Group Gross Profit Chart

Olympic Group Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36,102.00 36,883.00 40,869.00 39,091.00 35,537.00

Olympic Group Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 8,480.00 8,710.00 8,721.00 8,786.00 8,499.00

Competitive Comparison of Olympic Group's Gross Profit

For the Specialty Retail subindustry, Olympic Group'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.


Olympic Group's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Olympic Group's Gross Profit distribution charts can be found below:

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



Olympic Group Gross Profit Calculation

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

Olympic Group's Gross Profit for the fiscal year that ended in Feb. 2023 is calculated as

Gross Profit (A: Feb. 2023 )=Revenue - Cost of Goods Sold
=91983 - 56446
=35,537

Olympic Group's Gross Profit for the quarter that ended in Nov. 2023 is calculated as

Gross Profit (Q: Nov. 2023 )=Revenue - Cost of Goods Sold
=21912 - 13413
=8,499

Gross Profit for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円34,716 Mil.

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

Olympic Group's Gross Margin % for the quarter that ended in Nov. 2023 is calculated as

Gross Margin % (Q: Nov. 2023 )=Gross Profit (Q: Nov. 2023 ) / Revenue (Q: Nov. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=8,499 / 21912
=38.79 %

* 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.


Olympic Group  (TSE:8289) 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

Olympic Group had a gross margin of 38.79% for the quarter that ended in Nov. 2023 => Competition eroding margins


Olympic Group Gross Profit Related Terms

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Olympic Group (TSE:8289) Business Description

Traded in Other Exchanges
N/A
Address
Tokyo Honmachi 4-12-1, Kokubunji, JPN, 185-0012
Olympic Group Corp is a Japan-based company, engages in the retail business. The company offers food, daily necessities, sports and leisure goods, pet supplies, shoes, clothing, DIY and gardening supplies; pet trimming and related products; footwear and related products; golf equipment; and car supplies. It also develops retail businesses such as specialty stores, discount stores, supermarkets, store development, and facility management businesses, as well as the production and wholesale of prepared foods.

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