TCTM Kids IT Education (TCTM Kids IT Education) COGS-to-Revenue : 0.49 (As of Jun. 2023)

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What is TCTM Kids IT Education COGS-to-Revenue?

TCTM Kids IT Education's Cost of Goods Sold for the three months ended in Jun. 2023 was $37.2 Mil. Its Revenue for the three months ended in Jun. 2023 was $76.1 Mil.

TCTM Kids IT Education's COGS to Revenue for the three months ended in Jun. 2023 was 0.49.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. TCTM Kids IT Education's Gross Margin % for the three months ended in Jun. 2023 was 51.14%.

TCTM Kids IT Education COGS-to-Revenue Historical Data

The historical data trend for TCTM Kids IT Education'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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TCTM Kids IT Education COGS-to-Revenue Chart

TCTM Kids IT Education Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.57

0.56

0.64

0.52

0.55

TCTM Kids IT Education Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.45	-	0.48	0.49	-

TCTM Kids IT Education COGS-to-Revenue Calculation

TCTM Kids IT Education's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	105.157	/	192.599
	=	0.55

TCTM Kids IT Education's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	37.185	/	76.104
	=	0.49

TCTM Kids IT Education (NAS:TCTM) COGS-to-Revenue Explanation

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

TCTM Kids IT Education's Gross Margin % for the three months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	37.185 / 76.104
	=	51.14 %

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.

TCTM Kids IT Education COGS-to-Revenue Related Terms

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TCTM Kids IT Education (TCTM Kids IT Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » TCTM Kids IT Education Inc (NAS:TCTM) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

0T8B:Germany

Address

No. 1 Andingmenwai Street, 6th Floor, Litchi Tower, Chaoyang District, Beijing, CHN, 100011

Website

https://www.tedu.cn

Tarena International Inc is engaged in providing professional education services including professional information technology (IT) training courses and non-IT training courses. It offers K-12 education services in China. The company operates in two reportable segments namely IT Professional Education and IT-focused Supplementary STEAM Education Services. The majority of the revenue is generated from the IT-focused Supplementary STEAM Education Services segment. The service provides by the company includes featuring course content, examinations, student and teaching staff interaction tools, student management tools, and an online student community. For adult students, Their education platform combines live distance instruction, classroom-based tutoring, and online learning modules.