Lancy Co (SZSE:002612) COGS-to-Revenue : 0.40 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Lancy Co COGS-to-Revenue?

Lancy Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥566 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥1,400 Mil.

Lancy Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.40.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lancy Co's Gross Margin % for the three months ended in Mar. 2024 was 59.54%.

Lancy Co COGS-to-Revenue Historical Data

The historical data trend for Lancy Co'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.

Lancy Co COGS-to-Revenue Chart

Lancy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.42

0.46

0.43

Lancy Co 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															0.44	0.38	0.45	0.43	0.40

Lancy Co COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2189.765	/	5145.464
	=	0.43

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	566.358	/	1399.925
	=	0.40

Lancy Co (SZSE:002612) COGS-to-Revenue Explanation

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

Lancy Co'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	-	566.358 / 1399.925
	=	59.54 %

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.

Lancy Co COGS-to-Revenue Related Terms

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

Lancy Co (SZSE:002612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lancy Co Ltd (SZSE:002612) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Da Jiaoting South Street, No.27 West Dawang Road, 8th Floor, Lancy Building, No.1, 3rd Yard, Chaoyang District, Beijing, CHN, 100022

Website

http://www.lancygroup.com

Lancy Co Ltd. is a China-based company operating in the fashion industry. It is principally engaged in the design, manufacture and distribution of women's apparel. It also offers infants' and kids' wear, medical cosmetology and cosmetics. Some of the company's brands are LANCY FROM25, MOJO.S.PHINE, LIME FLARE, JIGOTT, liaalancy, FABIANA, FILIPPI and DeWL.

Executives

Li Chun Xian	Directors, executives
Shen Dong Ri	Director
Shen Jin Hua	Directors, executives
Zhang Han	Directors, executives
Chang Jing	Executives

Lancy Co (SZSE:002612) Headlines

No Headlines