J-Long Group (J-Long Group) COGS-to-Revenue : 0.74 (As of Mar. 2023)

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What is J-Long Group COGS-to-Revenue?

J-Long Group's Cost of Goods Sold for the six months ended in Mar. 2023 was $28.25 Mil. Its Revenue for the six months ended in Mar. 2023 was $38.29 Mil.

J-Long Group's COGS to Revenue for the six months ended in Mar. 2023 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. J-Long Group's Gross Margin % for the six months ended in Mar. 2023 was 26.22%.

J-Long Group COGS-to-Revenue Historical Data

The historical data trend for J-Long Group'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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J-Long Group COGS-to-Revenue Chart

J-Long Group Annual Data

Trend

Mar21

Mar22

Mar23

COGS-to-Revenue

0.79

0.77

0.74

J-Long Group Semi-Annual Data
	Mar21	Mar22	Mar23
COGS-to-Revenue	0.79	0.77	0.74

J-Long Group COGS-to-Revenue Calculation

J-Long Group's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	28.253	/	38.292
	=	0.74

J-Long Group's COGS to Revenue for the quarter that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	28.253	/	38.292
	=	0.74

J-Long Group (NAS:JL) COGS-to-Revenue Explanation

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

J-Long Group's Gross Margin % for the six months ended in Mar. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	28.253 / 38.292
	=	26.22 %

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.

J-Long Group COGS-to-Revenue Related Terms

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J-Long Group (J-Long Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » J-Long Group Ltd (NAS:JL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

32-40 Wang Lung Street, Flat F, 8th Floor, Houston Industrial Building, Tsuen Wan New Territories, Hong Kong, HKG

Website

https://www.j-long.com

J-Long Group Ltd is an established distributor in Hong Kong of reflective and non-reflective garment trims including, among others, heat transfers, fabrics, woven labels and tapes, sewing badges, piping, zipper pullers and drawcords. It also offers a wide range of apparel solution services to cater to its customers' needs for reflective and non-reflective garment trims, ranging from market trend analysis, product design and development and production to quality control.

J-Long Group (J-Long Group) Headlines

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