GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Data Horizon Co Ltd (TSE:3628) » Definitions » Gross Margin %

Data Horizon Co (TSE:3628) Gross Margin % : 35.14% (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Data Horizon Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Data Horizon Co's Gross Profit for the three months ended in Mar. 2024 was 円573 Mil. Data Horizon Co's Revenue for the three months ended in Mar. 2024 was 円1,631 Mil. Therefore, Data Horizon Co's Gross Margin % for the quarter that ended in Mar. 2024 was 35.14%.

Warning Sign:

Data Horizon Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.5%.


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

TSE:3628' s Gross Margin % Range Over the Past 10 Years
Min: 32.06   Med: 49.36   Max: 54.2
Current: 32.06


During the past 13 years, the highest Gross Margin % of Data Horizon Co was 54.20%. The lowest was 32.06%. And the median was 49.36%.

TSE:3628's Gross Margin % is ranked worse than
62.89% of 609 companies
in the Healthcare Providers & Services industry
Industry Median: 41.54 vs TSE:3628: 32.06

Data Horizon Co had a gross margin of 35.14% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Data Horizon Co was -8.50% per year.


Data Horizon Co Gross Margin % Historical Data

The historical data trend for Data Horizon Co'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.

Data Horizon Co Gross Margin % Chart

Data Horizon Co Annual Data
Trend Mar14 Mar15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.88 52.19 53.43 42.03 32.18

Data Horizon Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 38.89 34.96 29.01 28.03 35.14

Competitive Comparison of Data Horizon Co's Gross Margin %

For the Health Information Services subindustry, Data Horizon Co'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.


Data Horizon Co's Gross Margin % Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Data Horizon Co's Gross Margin % falls into.



Data Horizon Co Gross Margin % Calculation

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

Data Horizon Co's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=1419.2 / 4410.484
=(Revenue - Cost of Goods Sold) / Revenue
=(4410.484 - 2991.281) / 4410.484
=32.18 %

Data Horizon Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=573 / 1630.591
=(Revenue - Cost of Goods Sold) / Revenue
=(1630.591 - 1057.552) / 1630.591
=35.14 %

* 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.


Data Horizon Co  (TSE:3628) 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

Data Horizon Co had a gross margin of 35.14% for the quarter that ended in Mar. 2024 => Competition eroding margins


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.


Data Horizon Co Gross Margin % Related Terms

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


Data Horizon Co (TSE:3628) Business Description

Traded in Other Exchanges
N/A
Address
Kusatsushin No. 35 No. 21 1-chome, Mikushisubiru, Nishi-ku, Hiroshima, JPN, 733-0834
Data Horizon Co Ltd is engaged in development and provision of medical information services, data health related services, generic drug notification services, and health business support system.

Data Horizon Co (TSE:3628) Headlines

No Headlines