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RIKEN KEIKI Co (TSE:7734) Gross Profit : 円23,426 Mil (TTM As of Dec. 2023)


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What is RIKEN KEIKI Co Gross Profit?

RIKEN KEIKI Co's gross profit for the three months ended in Dec. 2023 was 円5,840 Mil. RIKEN KEIKI Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was 円23,426 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. RIKEN KEIKI Co's gross profit for the three months ended in Dec. 2023 was 円5,840 Mil. RIKEN KEIKI Co's Revenue for the three months ended in Dec. 2023 was 円11,650 Mil. Therefore, RIKEN KEIKI Co's Gross Margin % for the quarter that ended in Dec. 2023 was 50.13%.

RIKEN KEIKI Co had a gross margin of 50.13% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of RIKEN KEIKI Co was 51.47%. The lowest was 43.40%. And the median was 47.38%.


RIKEN KEIKI Co Gross Profit Historical Data

The historical data trend for RIKEN KEIKI 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.

RIKEN KEIKI Co Gross Profit Chart

RIKEN KEIKI Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15,239.13 15,381.68 18,432.49 23,162.61 23,425.84

RIKEN KEIKI Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4,300.47 5,932.92 5,796.64 5,840.49 5,855.78

Competitive Comparison of RIKEN KEIKI Co's Gross Profit

For the Security & Protection Services subindustry, RIKEN KEIKI 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.


RIKEN KEIKI Co's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RIKEN KEIKI Co's Gross Profit distribution charts can be found below:

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



RIKEN KEIKI Co Gross Profit Calculation

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

RIKEN KEIKI Co's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=45581.356 - 22155.52
=23,426

RIKEN KEIKI 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
=11649.78 - 5809.287
=5,840

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23,426 Mil.

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

RIKEN KEIKI 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
=5,840 / 11649.78
=50.13 %

* 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.


RIKEN KEIKI Co  (TSE:7734) 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

RIKEN KEIKI Co had a gross margin of 50.13% for the quarter that ended in Dec. 2023 => Durable competitive advantage


RIKEN KEIKI Co Gross Profit Related Terms

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RIKEN KEIKI Co (TSE:7734) Business Description

Traded in Other Exchanges
N/A
Address
2-7-6 Azusawa Itabashi-Ku, Tokyo, JPN, 174-8744
RIKEN KEIKI Co Ltd is a Japan-based company engaged in the business of manufacturing and selling of gas alarms. It offers fixed and portable flammable gas detectors, toxic gas detectors and oxygen deficiency prevention detectors, portable multi-gas monitors and environmental monitors.

RIKEN KEIKI Co (TSE:7734) Headlines

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