SMC (SMECF) COGS-to-Revenue : 0.51 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is SMC COGS-to-Revenue?

SMC's Cost of Goods Sold for the three months ended in Dec. 2023 was $673 Mil. Its Revenue for the three months ended in Dec. 2023 was $1,313 Mil.

SMC's COGS to Revenue for the three months ended in Dec. 2023 was 0.51.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. SMC's Gross Margin % for the three months ended in Dec. 2023 was 48.78%.

SMC COGS-to-Revenue Historical Data

The historical data trend for SMC'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.

SMC COGS-to-Revenue Chart

SMC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

Get a 7-Day Free Trial

0.49

0.51

0.52

0.50

0.49

SMC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.48	0.49	0.52	0.53	0.51

SMC COGS-to-Revenue Calculation

SMC's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3019.602	/	6170.473
	=	0.49

SMC's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	672.573	/	1313.141
	=	0.51

SMC (OTCPK:SMECF) COGS-to-Revenue Explanation

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

SMC's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	672.573 / 1313.141
	=	48.78 %

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.

SMC COGS-to-Revenue Related Terms

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

SMC (SMECF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SMC Corp (OTCPK:SMECF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

SMCAY:USA 6273:Japan QMC:Germany

Address

4-14-1, Soto-Kanda, Chiyoda-ku, Tokyo, JPN, 101-0021

Website

http://www.smcworld.com

SMC Corp (domiciled in Japan) manufactures automatic control and filtration equipment. Its filters, valves, cylinders, and actuators are sold to customers in various industrial markets, and contribute to automated operations. The company has two reportable business segments: automatic control equipment (majority of total revenues), and others. SMC operates several production facilities, sales offices, and technical development centers to construct various components and streamline the process. Asia accounts for majority of total sales, but the company does utilize offices in the United States, Europe, and other regions of the world. It works to meet the rules and needs of foreign countries to ensure its products can be accepted in differentiated markets.

SMC (SMECF) Headlines

From GuruFocus

First Eagle Global Value Fund Comments on SMC

By Sydnee Gatewood Sydnee Gatewood • 10-24-2019

First Eagle Investments Comments on SMC Corp

By Holly LaFon Holly LaFon • 10-24-2016