Current Motor (TSE:7690) Gross Profit : 円2,137 Mil (TTM As of Oct. 2023)

Current Motor Gross Profit Chart

Current Motor Semi-Annual Data
	Oct18	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Gross Profit	Get a 7-Day Free Trial					581.77	660.08	779.24	1,154.74	982.03

Competitive Comparison of Current Motor's Gross Profit

For the Auto & Truck Dealerships subindustry, Current Motor'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.

Current Motor's Gross Profit Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Current Motor's Gross Profit distribution charts can be found below:

* The bar in red indicates where Current Motor's Gross Profit falls into.

Current Motor Gross Profit Calculation

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

Current Motor's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as

Current Motor's Gross Profit for the quarter that ended in Oct. 2023 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円2,137 Mil.

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

Current Motor's Gross Margin % for the quarter that ended in Oct. 2023 is calculated as

* 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.

Current Motor  (TSE:7690) 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

Current Motor had a gross margin of 20.49% for the quarter that ended in Oct. 2023 => Competition eroding margins

Current Motor Gross Profit Related Terms

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Current Motor (TSE:7690) Business Description