Lotte Wellfood Co (XKRX:280360) COGS-to-Revenue : 0.71 (As of Mar. 2024)

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What is Lotte Wellfood Co COGS-to-Revenue?

Lotte Wellfood Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩673,623 Mil. Its Revenue for the three months ended in Mar. 2024 was ₩951,054 Mil.

Lotte Wellfood Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.71.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lotte Wellfood Co's Gross Margin % for the three months ended in Mar. 2024 was 29.17%.

Lotte Wellfood Co COGS-to-Revenue Historical Data

The historical data trend for Lotte Wellfood 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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Lotte Wellfood Co COGS-to-Revenue Chart

Lotte Wellfood Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.66

0.65

0.66

0.72

Lotte Wellfood 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															0.75	0.72	0.70	0.72	0.71

Lotte Wellfood Co COGS-to-Revenue Calculation

Lotte Wellfood 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
	=	2934658.912	/	4066391.863
	=	0.72

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	673622.78	/	951054.014
	=	0.71

Lotte Wellfood Co (XKRX:280360) COGS-to-Revenue Explanation

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

Lotte Wellfood 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	-	673622.78 / 951054.014
	=	29.17 %

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.

Lotte Wellfood Co COGS-to-Revenue Related Terms

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Lotte Wellfood Co (XKRX:280360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lotte Wellfood Co Ltd (XKRX:280360) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

10, Yangpyeong-ro 21-gil, Youngdeungpo-gu, Seoul, KOR

Website

https://www.lottewellfood.com

Lotte Wellfood Co Ltd is engaged in the manufacturing of sugar confectioneries and cocoa products. It offers products such as chocolates, biscuits, ice-cream, pie, snacks, candies, bread, gum and others. The company has a business presence in Korea and other countries.

Lotte Wellfood Co (XKRX:280360) Headlines

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