NEXON Co (TSE:3659) COGS-to-Revenue : 0.37 (As of Mar. 2024)

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What is NEXON Co COGS-to-Revenue?

NEXON Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円40,557 Mil. Its Revenue for the three months ended in Mar. 2024 was 円108,418 Mil.

NEXON Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.37.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. NEXON Co's Gross Margin % for the three months ended in Mar. 2024 was 62.59%.

NEXON Co COGS-to-Revenue Historical Data

The historical data trend for NEXON 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.

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NEXON Co COGS-to-Revenue Chart

NEXON Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.24

0.26

0.30

0.33

NEXON 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															0.28	0.35	0.30	0.41	0.37

NEXON Co COGS-to-Revenue Calculation

NEXON 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
	=	137938	/	423356
	=	0.33

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	40557	/	108418
	=	0.37

NEXON Co (TSE:3659) COGS-to-Revenue Explanation

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

NEXON 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	-	40557 / 108418
	=	62.59 %

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.

NEXON Co COGS-to-Revenue Related Terms

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NEXON Co (TSE:3659) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » NEXON Co Ltd (TSE:3659) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

NEXOY:USA NEXOF:USA 7NX:Germany

Address

1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032

Website

http://www.nexon.co.jp

NEXON Co Ltd provides engaging, high quality, geographically unique games to international users through the development and service of PC online and mobile games. The company's major PC online titles include MapleStory and Dungeon&Fighter and their mobile games include HIT and DomiNations. The games are in approximately 200 countries including China, Korea, Japan, North America, and Europe. The PC segment is responsible for a majority of revenue, while the Mobile segment accounts for a smaller portion. Geographically, over half of the company's revenue is derived from China, roughly one quarter is derived from Korea, and the remainder is derived from Japan, North America, and Europe & Others.

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