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Cota Co (TSE:4923) Gross Margin % : 69.26% (As of Dec. 2023)


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What is Cota Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cota Co's Gross Profit for the three months ended in Dec. 2023 was 円2,688 Mil. Cota Co's Revenue for the three months ended in Dec. 2023 was 円3,881 Mil. Therefore, Cota Co's Gross Margin % for the quarter that ended in Dec. 2023 was 69.26%.


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

TSE:4923' s Gross Margin % Range Over the Past 10 Years
Min: 70.16   Med: 71.61   Max: 75.18
Current: 70.16


During the past 13 years, the highest Gross Margin % of Cota Co was 75.18%. The lowest was 70.16%. And the median was 71.61%.

TSE:4923's Gross Margin % is ranked better than
94.42% of 1811 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs TSE:4923: 70.16

Cota Co had a gross margin of 69.26% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cota Co was -0.90% per year.


Cota Co Gross Margin % Historical Data

The historical data trend for Cota 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.

Cota Co Gross Margin % Chart

Cota Co 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 74.16 75.18 71.39 71.42 71.33

Cota Co 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 71.08 68.44 73.04 71.09 69.26

Competitive Comparison of Cota Co's Gross Margin %

For the Household & Personal Products subindustry, Cota 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.


Cota Co's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cota Co's Gross Margin % distribution charts can be found below:

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



Cota Co Gross Margin % Calculation

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

Cota Co'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 )
=6279.9 / 8804.508
=(Revenue - Cost of Goods Sold) / Revenue
=(8804.508 - 2524.626) / 8804.508
=71.33 %

Cota Co'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 )
=2688 / 3881.29
=(Revenue - Cost of Goods Sold) / Revenue
=(3881.29 - 1193.273) / 3881.29
=69.26 %

* 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.


Cota Co  (TSE:4923) 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

Cota Co had a gross margin of 69.26% 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.


Cota Co Gross Margin % Related Terms

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Cota Co (TSE:4923) Business Description

Traded in Other Exchanges
N/A
Address
77 Shin-Arami Tai, Kumiyama Kuse-gun, Kyoto, JPN
Cota Co., Ltd is engaged in manufacture and sale of cosmetic products for head hair for hairdressers and quasi drugs. The products of the company include kota eye care, cotacela spa, cotacera, and kota kurua.

Cota Co (TSE:4923) Headlines

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