Qilian International Holding Group (Qilian International Holding Group) COGS-to-Revenue : 1.03 (As of Sep. 2023)

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What is Qilian International Holding Group COGS-to-Revenue?

Qilian International Holding Group's Cost of Goods Sold for the six months ended in Sep. 2023 was $17.85 Mil. Its Revenue for the six months ended in Sep. 2023 was $17.31 Mil.

Qilian International Holding Group's COGS to Revenue for the six months ended in Sep. 2023 was 1.03.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Qilian International Holding Group's Gross Margin % for the six months ended in Sep. 2023 was -3.14%.

Qilian International Holding Group COGS-to-Revenue Historical Data

The historical data trend for Qilian International Holding 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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Qilian International Holding Group COGS-to-Revenue Chart

Qilian International Holding Group Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

COGS-to-Revenue

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0.79

0.85

0.90

0.96

Qilian International Holding Group Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial								0.94	0.89	0.92	0.92	1.03

Qilian International Holding Group COGS-to-Revenue Calculation

Qilian International Holding Group's COGS to Revenue for the fiscal year that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	44.72	/	46.471
	=	0.96

Qilian International Holding Group's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	17.851	/	17.308
	=	1.03

Qilian International Holding Group (NAS:QLI) COGS-to-Revenue Explanation

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

Qilian International Holding Group's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	17.851 / 17.308
	=	-3.14 %

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.

Qilian International Holding Group COGS-to-Revenue Related Terms

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Qilian International Holding Group (Qilian International Holding Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Qilian International Holding Group Ltd (NAS:QLI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuquan Economic and Technological Development Zone, Gansu Province, Jiuquan, CHN, 735000

Website

http://ir.qlsyy.net

Qilian International Holding Group Ltd is a pharmaceutical and chemical company. The company is engaged in the development, manufacture, marketing, and sale of licorice products, oxytetracycline products, traditional Chinese medicine derivatives products, heparin products, sausage casings, and fertilizers. It operates through three segments namely, Oxytetracycline and Licorice products and TCMD; Fertilizer; and Heparin products and Sausage casing. Oxytetracycline and Licorice products and TCMD segment generates majority of the revenue.