Daqo New Energy (STU:5DQ2) COGS-to-Revenue : 0.83 (As of Mar. 2024)

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

What is Daqo New Energy COGS-to-Revenue?

Daqo New Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was €316 Mil. Its Revenue for the three months ended in Mar. 2024 was €382 Mil.

Daqo New Energy's COGS to Revenue for the three months ended in Mar. 2024 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Daqo New Energy's Gross Margin % for the three months ended in Mar. 2024 was 17.36%.

Daqo New Energy COGS-to-Revenue Historical Data

The historical data trend for Daqo New Energy'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.

Daqo New Energy COGS-to-Revenue Chart

Daqo New Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.77

0.65

0.35

0.26

0.60

Daqo New Energy 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															0.29	0.59	0.86	0.82	0.83

Daqo New Energy COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1271.92	/	2116.156
	=	0.60

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	315.768	/	382.086
	=	0.83

Daqo New Energy (STU:5DQ2) COGS-to-Revenue Explanation

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

Daqo New Energy'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	-	315.768 / 382.086
	=	17.36 %

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.

Daqo New Energy COGS-to-Revenue Related Terms

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

Daqo New Energy (STU:5DQ2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Daqo New Energy Corp (STU:5DQ2) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

DQ:USA DQ:Mexico

Address

No. 838 Zhangyang Road, Room C,29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122

Website

http://www.dqsolar.com

Daqo New Energy Corp is a polysilicon manufacturer based in China. The company is engaged in the manufacturing and selling of high-purity polysilicon to photovoltaic product manufacturers who processed polysilicon into ingots, cells, and modules for solar power solutions. It offers ready-to-use polysilicon, packaged to meet crucible stacking, pulling, and solidification needs. All of its revenues gets derived from the People's Republic of China.

Daqo New Energy (STU:5DQ2) Headlines

No Headlines