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Nippon Accommodations Fund (Nippon Accommodations Fund) Gross Margin % : 59.16% (As of Aug. 2023)


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What is Nippon Accommodations Fund Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nippon Accommodations Fund's Gross Profit for the six months ended in Aug. 2023 was $53.3 Mil. Nippon Accommodations Fund's Revenue for the six months ended in Aug. 2023 was $90.1 Mil. Therefore, Nippon Accommodations Fund's Gross Margin % for the quarter that ended in Aug. 2023 was 59.16%.


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

NIPPF' s Gross Margin % Range Over the Past 10 Years
Min: 53.15   Med: 56.18   Max: 59.7
Current: 59.7


During the past 13 years, the highest Gross Margin % of Nippon Accommodations Fund was 59.70%. The lowest was 53.15%. And the median was 56.18%.

NIPPF's Gross Margin % is ranked worse than
70.59% of 629 companies
in the REITs industry
Industry Median: 68.91 vs NIPPF: 59.70

Nippon Accommodations Fund had a gross margin of 59.16% for the quarter that ended in Aug. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nippon Accommodations Fund was 0.60% per year.


Nippon Accommodations Fund Gross Margin % Historical Data

The historical data trend for Nippon Accommodations Fund'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.

Nippon Accommodations Fund Gross Margin % Chart

Nippon Accommodations Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.45 57.47 56.64 57.62 58.83

Nippon Accommodations Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Gross Margin % 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 58.03 57.22 58.49 59.16 60.26

Competitive Comparison of Nippon Accommodations Fund's Gross Margin %

For the REIT - Diversified subindustry, Nippon Accommodations Fund'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.


Nippon Accommodations Fund's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nippon Accommodations Fund's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nippon Accommodations Fund's Gross Margin % falls into.



Nippon Accommodations Fund Gross Margin % Calculation

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

Nippon Accommodations Fund's Gross Margin for the fiscal year that ended in Aug. 2023 is calculated as

Gross Margin % (A: Aug. 2023 )=Gross Profit (A: Aug. 2023 ) / Revenue (A: Aug. 2023 )
=103.2 / 175.396
=(Revenue - Cost of Goods Sold) / Revenue
=(175.396 - 72.21) / 175.396
=58.83 %

Nippon Accommodations Fund's Gross Margin for the quarter that ended in Aug. 2023 is calculated as


Gross Margin % (Q: Aug. 2023 )=Gross Profit (Q: Aug. 2023 ) / Revenue (Q: Aug. 2023 )
=53.3 / 90.13
=(Revenue - Cost of Goods Sold) / Revenue
=(90.13 - 36.812) / 90.13
=59.16 %

* 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.


Nippon Accommodations Fund  (OTCPK:NIPPF) 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

Nippon Accommodations Fund had a gross margin of 59.16% for the quarter that ended in Aug. 2023 => 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.


Nippon Accommodations Fund Gross Margin % Related Terms

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Nippon Accommodations Fund (Nippon Accommodations Fund) Business Description

Traded in Other Exchanges
Address
2-1-1 Nihonbashimuromachi, Chuo-ku, Tokyo, JPN, 103-0022
Nippon Accommodations Fund Inc is a Japan-based real estate investment trust (REIT) company. It invests in accommodation properties mainly located in Metropolitan areas, as well as government-decreed regional hub cities. The company's investment property portfolio includes Okawabata Apartment Communities, Park Axis Toyosu, Shibaura Island Air Tower, Park Cube Meguro Tower, Park Cube Atagoyama Tower, Park Cube Higashi Shinagawa, amongst many others.

Nippon Accommodations Fund (Nippon Accommodations Fund) Headlines

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