Able Global Bhd (XKLS:7167) COGS-to-Revenue : 0.81 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Able Global Bhd COGS-to-Revenue?

Able Global Bhd's Cost of Goods Sold for the three months ended in Mar. 2024 was RM138.0 Mil. Its Revenue for the three months ended in Mar. 2024 was RM171.2 Mil.

Able Global Bhd's COGS to Revenue for the three months ended in Mar. 2024 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Able Global Bhd's Gross Margin % for the three months ended in Mar. 2024 was 19.42%.

Able Global Bhd COGS-to-Revenue Historical Data

The historical data trend for Able Global Bhd'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.

Able Global Bhd COGS-to-Revenue Chart

Able Global Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.76

0.74

0.78

0.77

Able Global Bhd 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															0.86	0.85	0.81	0.58	0.81

Able Global Bhd COGS-to-Revenue Calculation

Able Global Bhd's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	500.513	/	648.094
	=	0.77

Able Global Bhd's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	137.993	/	171.248
	=	0.81

Able Global Bhd (XKLS:7167) COGS-to-Revenue Explanation

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

Able Global Bhd'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	-	137.993 / 171.248
	=	19.42 %

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.

Able Global Bhd COGS-to-Revenue Related Terms

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

Able Global Bhd (XKLS:7167) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Able Global Bhd (XKLS:7167) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

PTD 124298, Jalan Kempas Lama, Kampung Seelong Jaya, Skudai, MYS, 81300

Website

https://www.ableglobalbhd.com.my

Able Global Bhd formerly Johore Tin Bhd is principally engaged in the business of investment holding and the provision of management services. The group is organized into the three main reportable segments: Investment Holding; Tin Manufacturing; and Food and Beverage. Its Investment Holding is involved in the business of investment holding and provision of management services. Tin Manufacturing is involved in the manufacturing of various tins, cans, and other containers. Food and Beverage are involved in manufacturing and selling of milk and other related dairy products. It generates maximum revenue from Food and Beverage segment. Geographically, it derives majority revenue from Malaysia and also has a presence in Africa, Central America, Europe, Malaysia, and Other Countries.

Able Global Bhd (XKLS:7167) Headlines

No Headlines