JTEKT (JTEKY) COGS-to-Revenue : 0.84 (As of Mar. 2024)

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What is JTEKT COGS-to-Revenue?

JTEKT's Cost of Goods Sold for the three months ended in Mar. 2024 was $2,692 Mil. Its Revenue for the three months ended in Mar. 2024 was $3,202 Mil.

JTEKT's COGS to Revenue for the three months ended in Mar. 2024 was 0.84.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. JTEKT's Gross Margin % for the three months ended in Mar. 2024 was 15.92%.

JTEKT COGS-to-Revenue Historical Data

The historical data trend for JTEKT'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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JTEKT COGS-to-Revenue Chart

JTEKT Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.85

0.86

0.85

JTEKT 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															0.82	0.85	0.87	0.84	0.84

JTEKT COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	10730.156	/	12625.295
	=	0.85

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2692.109	/	3201.719
	=	0.84

JTEKT (OTCPK:JTEKY) COGS-to-Revenue Explanation

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

JTEKT'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	-	2692.109 / 3201.719
	=	15.92 %

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.

JTEKT COGS-to-Revenue Related Terms

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JTEKT (JTEKY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » JTEKT Corp (OTCPK:JTEKY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

6473:Japan 6JK:Germany

Address

No. 7-1, Meieki 4-chome, Nakamura-ku, 15th floor, Aichi Prefecture, Nagoya, JPN, 450-8515

Website

http://www.jtekt.co.jp

JTEKT Corp is a manufacturer of automotive parts, bearings, and machine tools. The company's largest business division by revenue produces steering systems and driveline components for automobiles and bearings to minimize energy loss used in wind generation, transportation, agriculture, and construction. The smaller machine tools and mechatronics division offers grinders, spindler and CNC machines, and production efficiency enhancement solutions. Jtekt's largest end market is Japan, while the company also generates sales in North America, Europe, and elsewhere in Asia.

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