RITES (BOM:541556) COGS-to-Revenue : 0.46 (As of Mar. 2024)

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What is RITES COGS-to-Revenue?

RITES's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹2,943 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹6,439 Mil.

RITES's COGS to Revenue for the three months ended in Mar. 2024 was 0.46.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. RITES's Gross Margin % for the three months ended in Mar. 2024 was 54.29%.

RITES COGS-to-Revenue Historical Data

The historical data trend for RITES's COGS-to-Revenue 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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RITES COGS-to-Revenue Chart

RITES Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.46

0.40

0.47

0.44

0.46

RITES Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.46	0.43	0.47	0.50	0.46

RITES COGS-to-Revenue Calculation

RITES's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11264.6	/	24528.5
	=	0.46

RITES's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2943.2	/	6438.5
	=	0.46

RITES (BOM:541556) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

RITES's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2943.2 / 6438.5
	=	54.29 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

RITES COGS-to-Revenue Related Terms

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RITES (BOM:541556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » RITES Ltd (BOM:541556) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

RITES:India

Address

Plot No. 1, Shikhar, Sector - 29, Gurugram, HR, IND, 122001

Website

https://www.rites.com

RITES Ltd is a multi-disciplinary consultancy organization. The company's operating segment includes Consultancy Services, Leasing of railway rolling stock and equipment, Export of rolling stock, equipment and spares, Turnkey Construction Projects, and Power Generation. The firm generates a majority of its revenue from Consultancy services. The firm operates in various sectors such as airports, highways, bridge and tunnel engineering, and industrial engineering among others. Geographically, it derives a majority of revenue from India.

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