Access Group Holdings Co (TSE:7042) Gross Margin % : 44.25% (As of Dec. 2023)

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What is Access Group Holdings Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Access Group Holdings Co's Gross Profit for the three months ended in Dec. 2023 was 円342 Mil. Access Group Holdings Co's Revenue for the three months ended in Dec. 2023 was 円772 Mil. Therefore, Access Group Holdings Co's Gross Margin % for the quarter that ended in Dec. 2023 was 44.25%.

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

TSE:7042' s Gross Margin % Range Over the Past 10 Years
Min: 41.28 Med: 42.75 Max: 44.05
Current: 43.42

During the past 6 years, the highest Gross Margin % of Access Group Holdings Co was 44.05%. The lowest was 41.28%. And the median was 42.75%.

TSE:7042's Gross Margin % is ranked worse than
52.43% of 103 companies
in the Personal Services industry
Industry Median: 45.08 vs TSE:7042: 43.42

Access Group Holdings Co had a gross margin of 44.25% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Access Group Holdings Co was -1.00% per year.

Access Group Holdings Co Gross Margin % Historical Data

The historical data trend for Access Group Holdings 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.

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Access Group Holdings Co Gross Margin % Chart

Access Group Holdings Co Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Gross Margin %

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44.05

43.90

41.28

41.96

42.10

Access Group Holdings 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															38.30	42.30	43.41	44.13	44.25

Competitive Comparison of Access Group Holdings Co's Gross Margin %

For the Personal Services subindustry, Access Group Holdings 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.

Access Group Holdings Co's Gross Margin % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Access Group Holdings Co's Gross Margin % distribution charts can be found below:

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

Access Group Holdings Co Gross Margin % Calculation

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

Access Group Holdings Co's Gross Margin for the fiscal year that ended in Sep. 2021 is calculated as

Gross Margin % (A: Sep. 2021 )	=	Gross Profit (A: Sep. 2021 )	/	Revenue (A: Sep. 2021 )
	=	1382.2	/	3283.132
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3283.132 - 1900.963)	/	3283.132
	=	42.10 %

Access Group Holdings 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 )
	=	341.7	/	772.31
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(772.31 - 430.575)	/	772.31
	=	44.25 %

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.

Access Group Holdings Co (TSE:7042) 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

Access Group Holdings Co had a gross margin of 44.25% 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.

Access Group Holdings Co Gross Margin % Related Terms

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Access Group Holdings Co (TSE:7042) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Access Group Holdings Co Ltd (TSE:7042) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

15th Floor, Shin-Aoyama Building, Building 1-1-1, Minami Aoyama Minato-ku, Tokyo, JPN, 107-0062

Website

https://www.access-t.co.jp

Access Group Holdings Co Ltd is engaged in the promotion, human resource recruitment public relations, and school public relations businesses. Under the Promotion business it supports sales promotion activities of companies and corporations. Under the human resource recruitment public relation, it is focused on public relations projects for young people, mainly graduates. Further, it also plans and manages employment information sites and joint company briefing sessions; and offers recruitment support service; and the School public relation business plans and operates admission information site, junior high school information magazine, newspaper coalition, and joint explanatory meeting, as well as produces various publicity tools, including Website and Web application system.

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