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Good Com Asset Co (TSE:3475) Gross Profit : 円5,720 Mil (TTM As of Jan. 2024)


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What is Good Com Asset Co Gross Profit?

Good Com Asset Co's gross profit for the three months ended in Jan. 2024 was 円903 Mil. Good Com Asset Co's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was 円5,720 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Good Com Asset Co's gross profit for the three months ended in Jan. 2024 was 円903 Mil. Good Com Asset Co's Revenue for the three months ended in Jan. 2024 was 円3,102 Mil. Therefore, Good Com Asset Co's Gross Margin % for the quarter that ended in Jan. 2024 was 29.11%.

Good Com Asset Co had a gross margin of 29.11% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 10 years, the highest Gross Margin % of Good Com Asset Co was 28.43%. The lowest was 14.94%. And the median was 20.69%.


Good Com Asset Co Gross Profit Historical Data

The historical data trend for Good Com Asset 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.

Good Com Asset Co Gross Profit Chart

Good Com Asset Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,492.81 4,790.47 6,109.50 7,605.56 5,568.14

Good Com Asset Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 751.23 2,115.10 1,141.28 1,560.53 903.12

Competitive Comparison of Good Com Asset Co's Gross Profit

For the Real Estate - Diversified subindustry, Good Com Asset 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.


Good Com Asset Co's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Good Com Asset Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Good Com Asset Co's Gross Profit falls into.



Good Com Asset Co Gross Profit Calculation

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

Good Com Asset Co's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as

Gross Profit (A: Oct. 2023 )=Revenue - Cost of Goods Sold
=22190.489 - 16622.346
=5,568

Good Com Asset Co's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=3102.412 - 2199.289
=903

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was 円5,720 Mil.

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

Good Com Asset Co's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=903 / 3102.412
=29.11 %

* 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.


Good Com Asset Co  (TSE:3475) 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

Good Com Asset Co had a gross margin of 29.11% for the quarter that ended in Jan. 2024 => Competition eroding margins


Good Com Asset Co Gross Profit Related Terms

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Good Com Asset Co (TSE:3475) Business Description

Traded in Other Exchanges
N/A
Address
7-20-1, Nishishinjuku, 17th Floor, Sumitomo Fudosan Nishi-Shinjuku Building, Shinjuku-ku, Tokyo, JPN, 160-0023
Good Com Asset Co Ltd is a Japan-based company mainly engaged in planning, development, sale and management of newly built apartments. It primarily engages in planning, developing, managing, and selling mansions primarily in Japan. It is also providing rent management and real estate consultancy services, as well as property and casualty insurance products.

Good Com Asset Co (TSE:3475) Headlines

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