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Ishigaki Foods Co (TSE:2901) Gross Profit : 円685 Mil (TTM As of Dec. 2023)


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What is Ishigaki Foods Co Gross Profit?

Ishigaki Foods Co's gross profit for the three months ended in Dec. 2023 was 円172 Mil. Ishigaki Foods Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円685 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ishigaki Foods Co's gross profit for the three months ended in Dec. 2023 was 円172 Mil. Ishigaki Foods Co's Revenue for the three months ended in Dec. 2023 was 円528 Mil. Therefore, Ishigaki Foods Co's Gross Margin % for the quarter that ended in Dec. 2023 was 32.58%.

Ishigaki Foods Co had a gross margin of 32.58% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ishigaki Foods Co was 37.75%. The lowest was 27.59%. And the median was 32.79%.

Warning Sign:

Ishigaki Foods Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Ishigaki Foods Co Gross Profit Historical Data

The historical data trend for Ishigaki Foods Co's Gross Profit 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.

Ishigaki Foods Co Gross Profit Chart

Ishigaki Foods Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 814.30 923.34 932.16 791.12 821.00

Ishigaki Foods Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 207.80 192.66 160.26 160.18 172.19

Competitive Comparison of Ishigaki Foods Co's Gross Profit

For the Beverages - Non-Alcoholic subindustry, Ishigaki Foods Co's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Ishigaki Foods Co's Gross Profit Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Ishigaki Foods Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ishigaki Foods Co's Gross Profit falls into.



Ishigaki Foods Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Ishigaki Foods Co's Gross Profit for the fiscal year that ended in Mar. 2023 is calculated as

Gross Profit (A: Mar. 2023 )=Revenue - Cost of Goods Sold
=2975.341 - 2154.345
=821

Ishigaki Foods Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=528.461 - 356.273
=172

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円685 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Ishigaki Foods 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 )
=(Revenue - Cost of Goods Sold) / Revenue
=172 / 528.461
=32.58 %

* 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.


Ishigaki Foods Co  (TSE:2901) Gross Profit 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

Ishigaki Foods Co had a gross margin of 32.58% for the quarter that ended in Dec. 2023 => Competition eroding margins


Ishigaki Foods Co Gross Profit Related Terms

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Ishigaki Foods Co (TSE:2901) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 No. 1 Iidabashi 1-chome, 6th Floor, Kuzute Wytheville, Chiyoda-ku, Tokyo, JPN, 102-8231
Ishigaki Foods Co., Ltd. is engaged in the manufacturing and sale of barley tea and health tea. The company's products include barley tea, oolong tea, non-caffeine tea, beef jerky, and other food products. It also manufactures beef jerky, dried vegetables and other dried products for commercial use.

Ishigaki Foods Co (TSE:2901) Headlines

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