MiraeING Co (XKRX:007120) COGS-to-Revenue : 0.54 (As of Mar. 2024)

View and export this data going back to 1996. Start your Free Trial

What is MiraeING Co COGS-to-Revenue?

MiraeING Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩1,586 Mil. Its Revenue for the three months ended in Mar. 2024 was ₩2,913 Mil.

MiraeING Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.54.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. MiraeING Co's Gross Margin % for the three months ended in Mar. 2024 was 45.54%.

MiraeING Co COGS-to-Revenue Historical Data

The historical data trend for MiraeING 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.

* Premium members only.

MiraeING Co COGS-to-Revenue Chart

MiraeING Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.72

0.50

0.47

0.49

MiraeING 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															0.45	0.45	0.59	0.55	0.54

MiraeING Co COGS-to-Revenue Calculation

MiraeING 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
	=	6411.49	/	13025.587
	=	0.49

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1586.414	/	2912.947
	=	0.54

MiraeING Co (XKRX:007120) COGS-to-Revenue Explanation

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

MiraeING 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	-	1586.414 / 2912.947
	=	45.54 %

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.

MiraeING Co COGS-to-Revenue Related Terms

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

MiraeING Co (XKRX:007120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MiraeING Co (XKRX:007120) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

509, Dosan-daero, Gangnam-gu, Seoul, KOR, 135-957

Website

http://www.miraeing.co.kr

MiraeING.Co. operates in the security and protection services industry in South Korea. The company is engaged in the manufacturing of CCTV camera, self-propelled howitzers and offers solutions in the form of SWIFT.

MiraeING Co (XKRX:007120) Headlines

No Headlines