Mirza International (NSE:MIRZAINT) COGS-to-Revenue : 0.56 (As of Mar. 2024)

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What is Mirza International COGS-to-Revenue?

Mirza International's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹860 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹1,524 Mil.

Mirza International's COGS to Revenue for the three months ended in Mar. 2024 was 0.56.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mirza International's Gross Margin % for the three months ended in Mar. 2024 was 43.56%.

Mirza International COGS-to-Revenue Historical Data

The historical data trend for Mirza International'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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Mirza International COGS-to-Revenue Chart

Mirza International Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.58

0.57

0.60

0.58

0.60

Mirza International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.54	0.57	0.67	0.55	0.56

Mirza International COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3784.122	/	6303.582
	=	0.60

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	860.059	/	1523.88
	=	0.56

Mirza International (NSE:MIRZAINT) COGS-to-Revenue Explanation

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

Mirza International'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	-	860.059 / 1523.88
	=	43.56 %

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.

Mirza International COGS-to-Revenue Related Terms

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Mirza International (NSE:MIRZAINT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Mirza International Ltd (NSE:MIRZAINT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

526642:India

Address

A-7, Mathura Road, Mohan Co-operative Industrial Estate, New Delhi, IND, 110 044

Website

https://www.mirza.co.in

Mirza International Ltd is engaged in the manufacturing and marketing of leather footwear and finished leather. Its business segment includes the Export division and Domestic Division, where the majority is generated from Export. Geographically the company generates the majority of its revenue from the UK. Its brand includes Thomas Crick, Off the Hook London, and Oaktrak.

Mirza International (NSE:MIRZAINT) Headlines

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