GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Omikenshi Co Ltd (TSE:3111) » Definitions » Gross Profit

Omikenshi Co (TSE:3111) Gross Profit : 円1,267 Mil (TTM As of Dec. 2023)


View and export this data going back to 1949. Start your Free Trial

What is Omikenshi Co Gross Profit?

Omikenshi Co's gross profit for the three months ended in Dec. 2023 was 円396 Mil. Omikenshi Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円1,267 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Omikenshi Co's gross profit for the three months ended in Dec. 2023 was 円396 Mil. Omikenshi Co's Revenue for the three months ended in Dec. 2023 was 円889 Mil. Therefore, Omikenshi Co's Gross Margin % for the quarter that ended in Dec. 2023 was 44.54%.

Omikenshi Co had a gross margin of 44.54% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Omikenshi Co was 40.71%. The lowest was 18.45%. And the median was 21.12%.


Omikenshi Co Gross Profit Historical Data

The historical data trend for Omikenshi 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.

Omikenshi Co Gross Profit Chart

Omikenshi 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 1,999.00 1,679.00 1,562.00 1,414.00 1,213.00

Omikenshi 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 276.00 326.00 248.00 297.00 396.00

Competitive Comparison of Omikenshi Co's Gross Profit

For the Textile Manufacturing subindustry, Omikenshi 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.


Omikenshi Co's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Omikenshi Co's Gross Profit distribution charts can be found below:

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



Omikenshi Co Gross Profit Calculation

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

Omikenshi 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
=3122 - 1909
=1,213

Omikenshi 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
=889 - 493
=396

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1,267 Mil.

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

Omikenshi 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
=396 / 889
=44.54 %

* 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.


Omikenshi Co  (TSE:3111) 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

Omikenshi Co had a gross margin of 44.54% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Omikenshi Co Gross Profit Related Terms

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


Omikenshi Co (TSE:3111) Business Description

Traded in Other Exchanges
N/A
Address
4-1-1 Minamoto-cho, Chuo-ku, Osaka, JPN, 541-8541
Omikenshi Co Ltd is engaged in the manufacturing, processing and sale of cotton yarn, rayon cotton, rayon yarn, various synthetic yarns and mixed spinning yarns. The company also produces, processes, and sells various knitting, textile, and nonwoven fabric products; and various towels and bedding goods, as well as cosmetics products.

Omikenshi Co (TSE:3111) Headlines

No Headlines