As Partners Co (TSE:160A) Gross Margin % : 18.13% (As of Mar. 2024)

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What is As Partners Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. As Partners Co's Gross Profit for the six months ended in Mar. 2024 was 円3,109 Mil. As Partners Co's Revenue for the six months ended in Mar. 2024 was 円17,151 Mil. Therefore, As Partners Co's Gross Margin % for the quarter that ended in Mar. 2024 was 18.13%.

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

TSE:160A' s Gross Margin % Range Over the Past 10 Years
Min: 16.25 Med: 16.84 Max: 18.13
Current: 18.13

During the past 3 years, the highest Gross Margin % of As Partners Co was 18.13%. The lowest was 16.25%. And the median was 16.84%.

TSE:160A's Gross Margin % is ranked worse than
66.6% of 500 companies
in the Conglomerates industry
Industry Median: 24.785 vs TSE:160A: 18.13

As Partners Co had a gross margin of 18.13% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for As Partners Co was 0.00% per year.

As Partners Co Gross Margin % Historical Data

The historical data trend for As Partners 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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As Partners Co Gross Margin % Chart

As Partners Co Annual Data

Trend

Mar22

Mar23

Mar24

Gross Margin %

16.25

16.84

18.13

As Partners Co Semi-Annual Data
	Mar22	Mar23	Mar24
Gross Margin %	16.25	16.84	18.13

Competitive Comparison of As Partners Co's Gross Margin %

For the Conglomerates subindustry, As Partners 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.

As Partners Co's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, As Partners Co's Gross Margin % distribution charts can be found below:

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

As Partners Co Gross Margin % Calculation

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

As Partners Co's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )	=	Gross Profit (A: Mar. 2024 )	/	Revenue (A: Mar. 2024 )
	=	3109.5	/	17150.524
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(17150.524 - 14041.042)	/	17150.524
	=	18.13 %

As Partners Co's Gross Margin for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	3109.5	/	17150.524
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(17150.524 - 14041.042)	/	17150.524
	=	18.13 %

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.

As Partners Co (TSE:160A) 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

As Partners Co had a gross margin of 18.13% for the quarter that ended in Mar. 2024 => No sustainable 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.

As Partners Co Gross Margin % Related Terms

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As Partners Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » As Partners Co Ltd (TSE:160A) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-2 Kandasurugadai, Chiyoda-ku, Tokyo, JPN, 1010062

Website

https://www.as-partners.co.jp

As Partners Co Ltd is engaged in two business Senior business and Real estate business. Senior business includes management of nursing homes (paid nursing homes with nursing care) (life care for residents of general specified facilities), day services, and short stays. Real estate business includes real estate ownership, residential lot sales, real estate revitalization consulting, etc.

As Partners Co Headlines

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