Mitsubishi Logistics (TSE:9301) COGS-to-Revenue : 0.89 (As of Mar. 2024)

View and export this data going back to 1949. Start your Free Trial

What is Mitsubishi Logistics COGS-to-Revenue?

Mitsubishi Logistics's Cost of Goods Sold for the three months ended in Mar. 2024 was 円55,234 Mil. Its Revenue for the three months ended in Mar. 2024 was 円62,055 Mil.

Mitsubishi Logistics's COGS to Revenue for the three months ended in Mar. 2024 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mitsubishi Logistics's Gross Margin % for the three months ended in Mar. 2024 was 10.99%.

Mitsubishi Logistics COGS-to-Revenue Historical Data

The historical data trend for Mitsubishi Logistics'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.

Mitsubishi Logistics COGS-to-Revenue Chart

Mitsubishi Logistics Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

Get a 7-Day Free Trial

0.90

0.89

0.88

0.87

Mitsubishi Logistics 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															0.88	0.87	0.87	0.86	0.89

Mitsubishi Logistics COGS-to-Revenue Calculation

Mitsubishi Logistics's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	222268	/	254504
	=	0.87

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	55234	/	62055
	=	0.89

Mitsubishi Logistics (TSE:9301) COGS-to-Revenue Explanation

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

Mitsubishi Logistics'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	-	55234 / 62055
	=	10.99 %

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.

Mitsubishi Logistics COGS-to-Revenue Related Terms

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

Mitsubishi Logistics (TSE:9301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mitsubishi Logistics Corp (TSE:9301) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

MIB:Germany

Address

19-1, Nihonbashi, Nihonbashi Dia Building, 1-chome Chuo-ku, Tokyo, JPN, 103-8630

Website

http://www.mitsubishi-logistics.co.jp

Mitsubishi Logistics Corp is a logistics and real estate investment company, domiciled in Japan. The company organizes itself into two segments: logistics and real estate. Logistics, which contributes the majority of revenue, includes warehousing; air, ocean, and rail transportation; port-terminal operations; and international freight forwarding. The real estate segment buys, sells, and lease office buildings and other commercial real estates. Mitsubishi Logistics derives the vast majority of revenue domestically.

Mitsubishi Logistics (TSE:9301) Headlines

No Headlines