Casio Computer Co (Casio Computer Co) Gross Margin % : 43.74% (As of Dec. 2023)

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What is Casio Computer Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Casio Computer Co's Gross Profit for the three months ended in Dec. 2023 was $206 Mil. Casio Computer Co's Revenue for the three months ended in Dec. 2023 was $470 Mil. Therefore, Casio Computer Co's Gross Margin % for the quarter that ended in Dec. 2023 was 43.74%.

The historical rank and industry rank for Casio Computer Co's Gross Margin % or its related term are showing as below:

CSIOY' s Gross Margin % Range Over the Past 10 Years
Min: 41.15 Med: 43.28 Max: 43.67
Current: 42.89

During the past 13 years, the highest Gross Margin % of Casio Computer Co was 43.67%. The lowest was 41.15%. And the median was 43.28%.

CSIOY's Gross Margin % is ranked better than
81.49% of 2437 companies
in the Hardware industry
Industry Median: 24.45 vs CSIOY: 42.89

Casio Computer Co had a gross margin of 43.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Casio Computer Co was -0.20% per year.

Casio Computer Co Gross Margin % Historical Data

The historical data trend for Casio Computer Co's Gross Margin % 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.

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Casio Computer Co Gross Margin % Chart

Casio Computer Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Gross Margin %

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43.39

43.67

43.16

43.61

42.40

Casio Computer Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															43.77	40.56	43.63	43.48	43.74

Competitive Comparison of Casio Computer Co's Gross Margin %

For the Consumer Electronics subindustry, Casio Computer Co's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.

Casio Computer Co's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Casio Computer Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Casio Computer Co's Gross Margin % falls into.

Casio Computer Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Casio Computer Co's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )	=	Gross Profit (A: Mar. 2023 )	/	Revenue (A: Mar. 2023 )
	=	836.8	/	1973.833
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1973.833 - 1137.02)	/	1973.833
	=	42.40 %

Casio Computer 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 )
	=	205.8	/	470.491
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(470.491 - 264.715)	/	470.491
	=	43.74 %

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.

Casio Computer Co (OTCPK:CSIOY) Gross Margin % 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

Casio Computer Co had a gross margin of 43.74% for the quarter that ended in Dec. 2023 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Casio Computer Co Gross Margin % Related Terms

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Casio Computer Co (Casio Computer Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Casio Computer Co Ltd (OTCPK:CSIOY) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

6952:Japan CAC1:Germany

Address

6-2, Hon-machi 1-chome, Shibuya-ku, Tokyo, JPN, 151-8543

Website

http://www.casio.jp

Casio Computer is well-known as a watch and calculator manufacturer. Casio, founded in 1957, has cultivated the consumer electronics market by inventing distinctive products. Milestones in its history include the Casio Mini (1972), the world's first personal electronic calculator; G-Shock (1983), a shock-resistant wristwatch; and QV-10 (1995), the world's first digital camera with an LCD display. Approximately 60% of its revenue and most of its profits are from the timepieces segment.