Niks Technology (BOM:543282) COGS-to-Revenue : 0.66 (As of Sep. 2023)

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What is Niks Technology COGS-to-Revenue?

Niks Technology's Cost of Goods Sold for the six months ended in Sep. 2023 was ₹12.38 Mil. Its Revenue for the six months ended in Sep. 2023 was ₹18.82 Mil.

Niks Technology's COGS to Revenue for the six months ended in Sep. 2023 was 0.66.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Niks Technology's Gross Margin % for the six months ended in Sep. 2023 was 34.26%.

Niks Technology COGS-to-Revenue Historical Data

The historical data trend for Niks Technology'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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Niks Technology COGS-to-Revenue Chart

Niks Technology Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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0.69

0.13

0.06

0.61

0.60

Niks Technology Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial					0.21	0.78	0.72	0.54	0.66

Niks Technology COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12.322	/	20.691
	=	0.60

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12.375	/	18.824
	=	0.66

Niks Technology (BOM:543282) COGS-to-Revenue Explanation

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

Niks Technology'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	-	12.375 / 18.824
	=	34.26 %

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.

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Niks Technology (BOM:543282) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Niks Technology Ltd (BOM:543282) » Definitions » COGS-to-Revenue

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Address

Old Bypass Main Road, Flat No. 501, Shiv Laxmi Plaza, Opposite Rajendra Nagar Terminal, Kankarbagh, Patna, BR, IND, 800020

Website

https://www.nikstech.com

Niks Technology Ltd is an information technology solution service provider company. It offers a range of services such as cyber security, digital marketing, software development, website development, mobile app development, android app development, and classroom training and certification courses to students through offline and online routes.

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