Qudian (Qudian) COGS-to-Revenue : 1.23 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Qudian COGS-to-Revenue?

Qudian's Cost of Goods Sold for the three months ended in Dec. 2023 was $10.97 Mil. Its Revenue for the three months ended in Dec. 2023 was $8.93 Mil.

Qudian's COGS to Revenue for the three months ended in Dec. 2023 was 1.23.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Qudian's Gross Margin % for the three months ended in Dec. 2023 was -22.83%.

Qudian COGS-to-Revenue Historical Data

The historical data trend for Qudian'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.

* Premium members only.

Qudian COGS-to-Revenue Chart

Qudian Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.10

0.23

0.18

0.66

1.27

Qudian Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.46	1.04	1.14	1.56	1.23

Qudian COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	22.424	/	17.694
	=	1.27

Qudian's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	10.974	/	8.934
	=	1.23

Qudian (NYSE:QD) COGS-to-Revenue Explanation

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

Qudian's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	10.974 / 8.934
	=	-22.83 %

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.

Qudian COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Qudian's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Qudian (Qudian) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Qudian Inc (NYSE:QD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

0A2T:UK 1QU:Germany

Address

Tower A, AVIC Zijin Plaza, Siming District, Fujian Province, Xiamen, CHN, 361000

Website

https://www.qudian.com

Qudian Inc is a consumer-oriented technology company engaged in the operation of online platforms to provide small consumer credit products in the People's Republic of China. The Group's cash credit products comprised short-term, unsecured lines of credit that could be drawn down at any time, subject to the Group's approval at the time of each drawdown request. Borrowers were typically charged financing service fees for cash credit drawdowns. It derives a majority of its revenue from the People's Republic of China.