Nichirei (TSE:2871) Gross-Profit-to-Asset % : 26.70% (As of Dec. 2023)

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What is Nichirei Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Nichirei's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円133,464 Mil. Nichirei's average Total Assets over the quarter that ended in Dec. 2023 was 円499,830 Mil. Therefore, Nichirei's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 26.70%.

Nichirei Gross-Profit-to-Asset % Historical Data

The historical data trend for Nichirei's Gross-Profit-to-Asset % 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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Nichirei Gross-Profit-to-Asset % Chart

Nichirei Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

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25.83

24.83

24.54

24.61

25.50

Nichirei Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															23.29	24.20	24.35	26.70	23.48

Competitive Comparison of Nichirei's Gross-Profit-to-Asset %

For the Packaged Foods subindustry, Nichirei's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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.

Nichirei's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nichirei's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Nichirei's Gross-Profit-to-Asset % falls into.

Nichirei Gross-Profit-to-Asset % Calculation

Nichirei's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2024 )	/	( (Total Assets (A: Mar. 2023 )	+	Total Assets (A: Mar. 2024 ))	/ count )
	=	120145	/	( (457333	+	485157)	/ 2 )
	=	120145	/	471245
	=	25.50 %

Nichirei's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	133464	/	( (490970	+	508690)	/ 2 )
	=	133464	/	499830
	=	26.70 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Nichirei Gross-Profit-to-Asset % Related Terms

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Nichirei (TSE:2871) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nichirei Corp (TSE:2871) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

NCHEY:USA NI3:Germany

Address

6-19-20 Tsukiji, Nichirei Higashi-Ginza Building, Chuo-ku, Tokyo, JPN, 104-8402

Website

http://www.nichirei.co.jp

Nichirei Corp is a Japanese packaged-food company. Its segments are: processed foods, marine products, meat and poultry products, logistics, real estate, and biosciences. The company divisions are: Nichirei Foods, Nichirei Fresh, Logistic Group, and Bioscience. The Nichirei Food segment offers frozen foods, acerola products, and retort-pouch foods, while Nichirei Fresh offers marine products such as shrimp, salmon, trout, crab, octopus, squid, and shellfish, along with meat and poultry products like chicken, pork, and beef. The Nichirei Logistics Group offers transportation, delivery, and regional storage network services. The Bioscience division develops products (for example, antibodies, solution concentrate) and services for medical, cosmetics, health, and biotech companies.

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