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JMDC Gross Margin %

: 57.38% (As of Mar. 2022)
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Gross Margin % is calculated as gross profit divided by its revenue. JMDC's Gross Profit for the three months ended in Mar. 2022 was 円3,520 Mil. JMDC's Revenue for the three months ended in Mar. 2022 was 円6,135 Mil. Therefore, JMDC's Gross Margin % for the quarter that ended in Mar. 2022 was 57.38%.


The historical rank and industry rank for JMDC's Gross Margin % or its related term are showing as below:

TSE:4483' s Gross Margin % Range Over the Past 10 Years
Min: 53.97   Med: 55.89   Max: 57.71
Current: 57.71


During the past 6 years, the highest Gross Margin % of JMDC was 57.71%. The lowest was 53.97%. And the median was 55.89%.

TSE:4483's Gross Margin % is ranked better than
67.22% of 604 companies
in the Healthcare Providers & Services industry
Industry Median: 42.79 vs TSE:4483: 57.71

JMDC had a gross margin of 57.36% for the quarter that ended in Mar. 2022 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for JMDC was 0.00% per year.


JMDC Gross Margin % Historical Data

The historical data trend for JMDC's Gross Margin % 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.

JMDC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Gross Margin %
Premium Member Only 55.89 53.97 54.51 57.35 57.71

JMDC Quarterly Data
Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Gross Margin % 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 58.14 54.57 56.06 61.72 57.38

Competitive Comparison

For the Health Information Services subindustry, JMDC's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

   

JMDC Gross Margin % Distribution

For the Healthcare Providers & Services industry and Healthcare sector, JMDC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where JMDC's Gross Margin % falls into.



JMDC Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

JMDC's Gross Margin for the fiscal year that ended in Mar. 2022 is calculated as

Gross Margin % (A: Mar. 2022 )=Gross Profit (A: Mar. 2022 ) / Revenue (A: Mar. 2022 )
=12589 / 21814
=(Revenue - Cost of Goods Sold) / Revenue
=(21814 - 9225) / 21814
=57.71 %

JMDC's Gross Margin for the quarter that ended in Mar. 2022 is calculated as


Gross Margin % (Q: Mar. 2022 )=Gross Profit (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=3519 / 6135
=(Revenue - Cost of Goods Sold) / Revenue
=(6135 - 2616) / 6135
=57.36 %

* 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.


JMDC  (TSE:4483) Gross Margin % 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

JMDC had a gross margin of 57.36% for the quarter that ended in Mar. 2022 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


JMDC Gross Margin % Related Terms

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


JMDC Business Description

JMDC logo
Traded in Other Exchanges
N/A
Address
2 Chome-2-5-5 Sumitomo Shiba, Daimon Building 12th Floor, Minato City, Shibadaimon, Tokyo, JPN, 105-0012
JMDC Inc is engaged in constructing and providing a medical database, offering PHR and other health promotion services, telemedicine such as diagnostic imaging, and providing digital solutions to dispensing pharmacies.

JMDC Headlines

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