Ionics (PHS:ION) COGS-to-Revenue : 0.91 (As of Mar. 2024)

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What is Ionics COGS-to-Revenue?

Ionics's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱1,273 Mil. Its Revenue for the three months ended in Mar. 2024 was ₱1,401 Mil.

Ionics's COGS to Revenue for the three months ended in Mar. 2024 was 0.91.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ionics's Gross Margin % for the three months ended in Mar. 2024 was 9.16%.

Ionics COGS-to-Revenue Historical Data

The historical data trend for Ionics'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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Ionics COGS-to-Revenue Chart

Ionics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.86

0.92

0.88

0.87

Ionics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.85	0.87	0.88	0.89	0.91

Ionics COGS-to-Revenue Calculation

Ionics's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4976.575	/	5699.926
	=	0.87

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1272.59	/	1400.849
	=	0.91

Ionics (PHS:ION) COGS-to-Revenue Explanation

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

Ionics'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	-	1272.59 / 1400.849
	=	9.16 %

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.

Ionics COGS-to-Revenue Related Terms

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Ionics (PHS:ION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ionics Inc (PHS:ION) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Circuit Street, Light Industry and Science Park of the Philippines-I, Bo. Diezmo, Cabuyao, LAG, PHL, 4025

Website

http://www.ionicsgroup.com

Ionics Inc engages in the designing and manufacturing of electronic products, plastic injection molding, property holdings, and management. The company's operating segment includes Computer Peripheral; Telecom; Automotive; Consumer Electronics; Real Estate and Others. It generates maximum revenue from the Consumer Electronics segment. The Consumer Electronics segment, designs, builds, ships, and provides logistics services for its customers in the digital media devices, digital television capture, and audio products industries. Geographically, it derives a majority of its revenue from Asia and also has a presence in Europe and North America.