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Hoshino Resorts REIT (TSE:3287) Gross Profit : 円6,420 Mil (TTM As of Apr. 2023)


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What is Hoshino Resorts REIT Gross Profit?

Hoshino Resorts REIT's gross profit for the six months ended in Apr. 2023 was 円3,308 Mil. Hoshino Resorts REIT's gross profit for the trailing twelve months (TTM) ended in Apr. 2023 was 円6,420 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hoshino Resorts REIT's gross profit for the six months ended in Apr. 2023 was 円3,308 Mil. Hoshino Resorts REIT's Revenue for the six months ended in Apr. 2023 was 円6,266 Mil. Therefore, Hoshino Resorts REIT's Gross Margin % for the quarter that ended in Apr. 2023 was 52.79%.

Hoshino Resorts REIT had a gross margin of 52.79% for the quarter that ended in Apr. 2023 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of Hoshino Resorts REIT was 67.09%. The lowest was 51.49%. And the median was 64.64%.

Warning Sign:

Hoshino Resorts REIT Inc gross margin has been in long-term decline. The average rate of decline per year is -4.4%.


Hoshino Resorts REIT Gross Profit Historical Data

The historical data trend for Hoshino Resorts REIT'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.

Hoshino Resorts REIT Gross Profit Chart

Hoshino Resorts REIT Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,419.28 7,787.30 7,873.09 4,856.38 5,924.44

Hoshino Resorts REIT Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 2,397.83 2,458.55 2,812.42 3,112.02 3,307.69

Competitive Comparison of Hoshino Resorts REIT's Gross Profit

For the REIT - Hotel & Motel subindustry, Hoshino Resorts REIT'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.


Hoshino Resorts REIT's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hoshino Resorts REIT's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hoshino Resorts REIT's Gross Profit falls into.



Hoshino Resorts REIT Gross Profit Calculation

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

Hoshino Resorts REIT's Gross Profit for the fiscal year that ended in Oct. 2022 is calculated as

Gross Profit (A: Oct. 2022 )=Revenue - Cost of Goods Sold
=11320.965 - 5396.53
=5,924

Hoshino Resorts REIT's Gross Profit for the quarter that ended in Apr. 2023 is calculated as

Gross Profit (Q: Apr. 2023 )=Revenue - Cost of Goods Sold
=6266.299 - 2958.606
=3,308

Gross Profit for the trailing twelve months (TTM) ended in Apr. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円6,420 Mil.

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

Hoshino Resorts REIT's Gross Margin % for the quarter that ended in Apr. 2023 is calculated as

Gross Margin % (Q: Apr. 2023 )=Gross Profit (Q: Apr. 2023 ) / Revenue (Q: Apr. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,308 / 6266.299
=52.79 %

* 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.


Hoshino Resorts REIT  (TSE:3287) 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

Hoshino Resorts REIT had a gross margin of 52.79% for the quarter that ended in Apr. 2023 => Durable competitive advantage


Hoshino Resorts REIT Gross Profit Related Terms

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Hoshino Resorts REIT (TSE:3287) Business Description

Traded in Other Exchanges
N/A
Address
2-14-4 Hattsuchoubori, Chuo-Ku, Tokyo, JPN, 104-0032
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.

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