Olympic Group (TSE:8289) Gross Margin % : 38.79% (As of Nov. 2023)

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What is Olympic Group Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Olympic Group's Gross Profit for the three months ended in Nov. 2023 was 円8,499 Mil. Olympic Group's Revenue for the three months ended in Nov. 2023 was 円21,912 Mil. Therefore, Olympic Group's Gross Margin % for the quarter that ended in Nov. 2023 was 38.79%.

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

TSE:8289' s Gross Margin % Range Over the Past 10 Years
Min: 34.05 Med: 35.24 Max: 39.55
Current: 38.32

During the past 13 years, the highest Gross Margin % of Olympic Group was 39.55%. The lowest was 34.05%. And the median was 35.24%.

TSE:8289's Gross Margin % is ranked better than
53.19% of 1096 companies
in the Retail - Cyclical industry
Industry Median: 36.675 vs TSE:8289: 38.32

Olympic Group had a gross margin of 38.79% for the quarter that ended in Nov. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Olympic Group was 2.90% per year.

Olympic Group Gross Margin % Historical Data

The historical data trend for Olympic Group'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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Olympic Group Gross Margin % Chart

Olympic Group Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Gross Margin %

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35.07

36.71

37.93

39.55

38.63

Olympic Group Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Gross Margin %	Get a 7-Day Free Trial															38.75	38.09	38.33	38.11	38.79

Competitive Comparison of Olympic Group's Gross Margin %

For the Specialty Retail subindustry, Olympic Group'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.

Olympic Group's Gross Margin % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Olympic Group's Gross Margin % distribution charts can be found below:

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

Olympic Group Gross Margin % Calculation

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

Olympic Group's Gross Margin for the fiscal year that ended in Feb. 2023 is calculated as

Gross Margin % (A: Feb. 2023 )	=	Gross Profit (A: Feb. 2023 )	/	Revenue (A: Feb. 2023 )
	=	35537	/	91983
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(91983 - 56446)	/	91983
	=	38.63 %

Olympic Group's Gross Margin for the quarter that ended in Nov. 2023 is calculated as

Gross Margin % (Q: Nov. 2023 )	=	Gross Profit (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	8499	/	21912
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(21912 - 13413)	/	21912
	=	38.79 %

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.

Olympic Group (TSE:8289) 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

Olympic Group had a gross margin of 38.79% for the quarter that ended in Nov. 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.

Olympic Group Gross Margin % Related Terms

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Olympic Group (TSE:8289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Olympic Group Corp (TSE:8289) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tokyo Honmachi 4-12-1, Kokubunji, JPN, 185-0012

Website

http://www.olympic-corp.co.jp

Olympic Group Corp is a Japan-based company, engages in the retail business. The company offers food, daily necessities, sports and leisure goods, pet supplies, shoes, clothing, DIY and gardening supplies; pet trimming and related products; footwear and related products; golf equipment; and car supplies. It also develops retail businesses such as specialty stores, discount stores, supermarkets, store development, and facility management businesses, as well as the production and wholesale of prepared foods.

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