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EIZO (TSE:6737) Gross Margin % : 30.64% (As of Dec. 2023)


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What is EIZO Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. EIZO's Gross Profit for the three months ended in Dec. 2023 was 円6,426 Mil. EIZO's Revenue for the three months ended in Dec. 2023 was 円20,976 Mil. Therefore, EIZO's Gross Margin % for the quarter that ended in Dec. 2023 was 30.64%.


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

TSE:6737' s Gross Margin % Range Over the Past 10 Years
Min: 29.37   Med: 31.41   Max: 35.56
Current: 31.59


During the past 13 years, the highest Gross Margin % of EIZO was 35.56%. The lowest was 29.37%. And the median was 31.41%.

TSE:6737's Gross Margin % is ranked better than
64.53% of 2439 companies
in the Hardware industry
Industry Median: 24.34 vs TSE:6737: 31.59

EIZO had a gross margin of 30.64% for the quarter that ended in Dec. 2023 => Competition eroding margins

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


EIZO Gross Margin % Historical Data

The historical data trend for EIZO'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.

EIZO Gross Margin % Chart

EIZO Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.36 34.68 35.56 31.22 31.59

EIZO 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 31.66 34.17 31.94 30.64 30.05

Competitive Comparison of EIZO's Gross Margin %

For the Computer Hardware subindustry, EIZO'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.


EIZO's Gross Margin % Distribution in the Hardware Industry

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

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



EIZO Gross Margin % Calculation

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

EIZO's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=25421 / 80471
=(Revenue - Cost of Goods Sold) / Revenue
=(80471 - 55050) / 80471
=31.59 %

EIZO'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 )
=6426 / 20976
=(Revenue - Cost of Goods Sold) / Revenue
=(20976 - 14550) / 20976
=30.64 %

* 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.


EIZO  (TSE:6737) 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

EIZO had a gross margin of 30.64% for the quarter that ended in Dec. 2023 => 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.


EIZO Gross Margin % Related Terms

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


EIZO (TSE:6737) Business Description

Traded in Other Exchanges
N/A
Address
153 Shimokashiwano, Hakusan, Ishikawa, JPN, 924-8566
EIZO Corp is a Japanese computer display solutions provider. The company along with its subsidiaries develops and manufactures display products and other solutions for businesses, healthcare solutions, graphics, air traffic control, and maritime. Its product portfolio includes a variety of display monitors such as professional liquid crystal display, color management, home entertainment, medical, and industrial. Its product application is in various industries which include aviation, security, healthcare, and home entertainment. Most of its revenues are generated through the sale of visual display systems.

EIZO (TSE:6737) Headlines

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