NINtec Systems (BOM:539843) COGS-to-Revenue : 0.57 (As of Sep. 2023)

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What is NINtec Systems COGS-to-Revenue?

NINtec Systems's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹160.7 Mil. Its Revenue for the six months ended in Sep. 2023 was ₹279.5 Mil.

NINtec Systems's COGS to Revenue for the six months ended in Sep. 2023 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. NINtec Systems's Gross Margin % for the six months ended in Sep. 2023 was 42.50%.

NINtec Systems COGS-to-Revenue Historical Data

The historical data trend for NINtec Systems'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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NINtec Systems COGS-to-Revenue Chart

NINtec Systems Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.74

0.72

0.65

0.64

NINtec Systems Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial													0.72	0.66	0.65	0.57	-

NINtec Systems COGS-to-Revenue Calculation

NINtec Systems's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	529.772	/	830.461
	=	0.64

NINtec Systems's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	160.699	/	279.493
	=	0.57

NINtec Systems (BOM:539843) COGS-to-Revenue Explanation

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

NINtec Systems's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	160.699 / 279.493
	=	42.50 %

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.

NINtec Systems COGS-to-Revenue Related Terms

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NINtec Systems (BOM:539843) Business Description

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NINSYS:India

Address

S.G. Highway, B-11, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.nintecsystems.com

NINtec Systems Ltd is an offshore software development services and solutions company. The firm is involved in computer programming, consultancy, and related activities. The company provides services like Application Development and Maintenance, Strategic Offshore Software Product Development, Legacy System Development and Software Migration, and Search Engine Optimization. The firm specializes in areas of Dot Net Development, Game Development, PHP Development, ERP Wireless, Mobile and WAP Development. The group has also integrated cloud services into its existing business platform. The company serves industries such as Automotive, Print media and Publishing, Banking, Financial Services, and Insurance, and Transportation and Logistics sector.

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