GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daikoku Denki Co Ltd (TSE:6430) » Definitions » Gross Profit

Daikoku Denki Co (TSE:6430) Gross Profit : 円24,132 Mil (TTM As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Daikoku Denki Co Gross Profit?

Daikoku Denki Co's gross profit for the three months ended in Dec. 2023 was 円6,720 Mil. Daikoku Denki Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円24,132 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Daikoku Denki Co's gross profit for the three months ended in Dec. 2023 was 円6,720 Mil. Daikoku Denki Co's Revenue for the three months ended in Dec. 2023 was 円14,680 Mil. Therefore, Daikoku Denki Co's Gross Margin % for the quarter that ended in Dec. 2023 was 45.77%.

Daikoku Denki Co had a gross margin of 45.77% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Daikoku Denki Co was 46.06%. The lowest was 28.96%. And the median was 35.65%.


Daikoku Denki Co Gross Profit Historical Data

The historical data trend for Daikoku Denki 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.

Daikoku Denki Co Gross Profit Chart

Daikoku Denki 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 11,673.44 12,040.75 9,504.74 10,143.31 14,507.41

Daikoku Denki 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 5,563.32 3,710.55 7,403.54 6,297.98 6,719.78

Competitive Comparison of Daikoku Denki Co's Gross Profit

For the Computer Hardware subindustry, Daikoku Denki 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.


Daikoku Denki Co's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Daikoku Denki Co's Gross Profit distribution charts can be found below:

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



Daikoku Denki Co Gross Profit Calculation

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

Daikoku Denki 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
=31824.323 - 17316.914
=14,507

Daikoku Denki 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
=14680.46 - 7960.685
=6,720

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24,132 Mil.

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

Daikoku Denki 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
=6,720 / 14680.46
=45.77 %

* 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.


Daikoku Denki Co  (TSE:6430) 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

Daikoku Denki Co had a gross margin of 45.77% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Daikoku Denki Co Gross Profit Related Terms

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


Daikoku Denki Co (TSE:6430) Business Description

Traded in Other Exchanges
N/A
Address
No. 43, No. 5-chome, Nagoya Nagono, JPN
Daikoku Denki Co Ltd engages in the development, manufacture, and sale of computer systems for pachinko halls and pachislo game machines. Its operations include Information Systems unit which deals with the development, manufacture, and sale of computer systems, customer premium management systems, and information disclosure systems for pachinko halls. It also offers control systems which involve in the development, manufacture, and sale of display units and control units of pachinko game machines.

Daikoku Denki Co (TSE:6430) Headlines

No Headlines