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Toshiba Tec (TSE:6588) Gross Margin % : 41.40% (As of Dec. 2023)


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What is Toshiba Tec Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Toshiba Tec's Gross Profit for the three months ended in Dec. 2023 was 円55,094 Mil. Toshiba Tec's Revenue for the three months ended in Dec. 2023 was 円133,073 Mil. Therefore, Toshiba Tec's Gross Margin % for the quarter that ended in Dec. 2023 was 41.40%.


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

TSE:6588' s Gross Margin % Range Over the Past 10 Years
Min: 39.09   Med: 40.4   Max: 43.12
Current: 40.05


During the past 13 years, the highest Gross Margin % of Toshiba Tec was 43.12%. The lowest was 39.09%. And the median was 40.40%.

TSE:6588's Gross Margin % is ranked better than
77.7% of 2439 companies
in the Hardware industry
Industry Median: 24.34 vs TSE:6588: 40.05

Toshiba Tec had a gross margin of 41.40% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Toshiba Tec was -1.00% per year.


Toshiba Tec Gross Margin % Historical Data

The historical data trend for Toshiba Tec'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.

Toshiba Tec Gross Margin % Chart

Toshiba Tec 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 41.60 40.25 40.00 39.51 39.09

Toshiba Tec 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 40.58 38.50 40.26 40.11 41.40

Competitive Comparison of Toshiba Tec's Gross Margin %

For the Computer Hardware subindustry, Toshiba Tec'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.


Toshiba Tec's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Toshiba Tec's Gross Margin % distribution charts can be found below:

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



Toshiba Tec Gross Margin % Calculation

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

Toshiba Tec'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 )
=199651 / 510767
=(Revenue - Cost of Goods Sold) / Revenue
=(510767 - 311116) / 510767
=39.09 %

Toshiba Tec'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 )
=55094 / 133073
=(Revenue - Cost of Goods Sold) / Revenue
=(133073 - 77979) / 133073
=41.40 %

* 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.


Toshiba Tec  (TSE:6588) 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

Toshiba Tec had a gross margin of 41.40% 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.


Toshiba Tec Gross Margin % Related Terms

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Toshiba Tec (TSE:6588) Business Description

Traded in Other Exchanges
Address
1-11-1, Osaki, Shinagawa-ku, Gate City Ohsaki West Tower, Tokyo, JPN, 141-8562
Toshiba Tec Corp is a Japan-based company that designs, manufactures, and distributes office equipment and machinery. Its product lineup is organized in four segments--retail solutions, which includes point-of-sale systems, self-checkout machines, kiosks and displays; printing solutions, which includes desktop, mobile, barcode, and multifunction printers; inkjet solutions, which includes high resolution inkjet printers; and original design manufacturer solutions, which include print heads, power supplies, barcodes, knives, cutters, display units, and other modules. The firm has operations in the Americas, Europe, Middle East and Africa, and Asia-Pacific regions.

Toshiba Tec (TSE:6588) Headlines

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