Tae Kyung Chemical Co (XKRX:006890) COGS-to-Revenue : 0.60 (As of Mar. 2024)

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What is Tae Kyung Chemical Co COGS-to-Revenue?

Tae Kyung Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩9,836 Mil. Its Revenue for the three months ended in Mar. 2024 was ₩16,490 Mil.

Tae Kyung Chemical Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.60.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tae Kyung Chemical Co's Gross Margin % for the three months ended in Mar. 2024 was 40.35%.

Tae Kyung Chemical Co COGS-to-Revenue Historical Data

The historical data trend for Tae Kyung Chemical 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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Tae Kyung Chemical Co COGS-to-Revenue Chart

Tae Kyung Chemical Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.73

0.62

0.57

0.61

0.55

Tae Kyung Chemical 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															0.58	0.53	0.50	0.61	0.60

Tae Kyung Chemical Co COGS-to-Revenue Calculation

Tae Kyung Chemical 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
	=	39123.731	/	70748.221
	=	0.55

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9836.221	/	16489.523
	=	0.60

Tae Kyung Chemical Co (XKRX:006890) COGS-to-Revenue Explanation

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

Tae Kyung Chemical 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	-	9836.221 / 16489.523
	=	40.35 %

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.

Tae Kyung Chemical Co COGS-to-Revenue Related Terms

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Tae Kyung Chemical Co (XKRX:006890) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tae Kyung Chemical Co Ltd (XKRX:006890) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Songwon B.D. 4F 652-12, Deungchon 1-dong, Gangseo-gu, Seoul, KOR, 157-841

Website

http://www.taekyungchem.co.kr

Tae Kyung Chemical Co Ltd is involved in manufacturing and selling industrialized liquid gases and dry ice in Korea. It offers liquid and solid carbon dioxide, magnesium hydroxide, gas carburetor, and organic compounds, as well as processing machine tools. The company is also involved in the re-inspection of special equipment; installation of high-pressure gas utilities; and trading activities.

Tae Kyung Chemical Co (XKRX:006890) Headlines

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