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Gurunavi (TSE:2440) Gross Margin % : 63.56% (As of Dec. 2023)


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What is Gurunavi Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Gurunavi's Gross Profit for the three months ended in Dec. 2023 was 円2,056 Mil. Gurunavi's Revenue for the three months ended in Dec. 2023 was 円3,234 Mil. Therefore, Gurunavi's Gross Margin % for the quarter that ended in Dec. 2023 was 63.56%.

Warning Sign:

Gurunavi Inc gross margin has been in long-term decline. The average rate of decline per year is -4.8%.


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

TSE:2440' s Gross Margin % Range Over the Past 10 Years
Min: 53.91   Med: 69.74   Max: 76.12
Current: 63.77


During the past 13 years, the highest Gross Margin % of Gurunavi was 76.12%. The lowest was 53.91%. And the median was 69.74%.

TSE:2440's Gross Margin % is ranked better than
52.99% of 519 companies
in the Interactive Media industry
Industry Median: 60.86 vs TSE:2440: 63.77

Gurunavi had a gross margin of 63.56% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gurunavi was -4.80% per year.


Gurunavi Gross Margin % Historical Data

The historical data trend for Gurunavi'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.

Gurunavi Gross Margin % Chart

Gurunavi Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.47 67.22 53.91 55.18 60.18

Gurunavi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 61.26 63.92 67.09 61.01 63.56

Competitive Comparison of Gurunavi's Gross Margin %

For the Internet Content & Information subindustry, Gurunavi'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.


Gurunavi's Gross Margin % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gurunavi's Gross Margin % distribution charts can be found below:

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



Gurunavi Gross Margin % Calculation

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

Gurunavi's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=7399.7 / 12296.066
=(Revenue - Cost of Goods Sold) / Revenue
=(12296.066 - 4896.389) / 12296.066
=60.18 %

Gurunavi'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 )
=2055.7 / 3234.239
=(Revenue - Cost of Goods Sold) / Revenue
=(3234.239 - 1178.493) / 3234.239
=63.56 %

* 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.


Gurunavi  (TSE:2440) 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

Gurunavi had a gross margin of 63.56% for the quarter that ended in Dec. 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.


Gurunavi Gross Margin % Related Terms

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Gurunavi (TSE:2440) Business Description

Traded in Other Exchanges
N/A
Address
Toho Hibiya Building, 6th Floor, 1-2-2 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-0006
Gurunavi Inc is a Japan-based company which acts as a restaurant search site which provides the latest information of expansive numbers of member restaurants. The company provides its restaurant information to TripAdvisor, a travel website, such as detailed menu, ingredient, seating, pricing and more through personal computers, cellular phones, and smartphones. Gurunavi also provides home delivery catering, wedding information, the sale of food products and other travel-related business services.

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