Rubber Leaf (Rubber Leaf) COGS-to-Revenue : 1.07 (As of Mar. 2024)

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What is Rubber Leaf COGS-to-Revenue?

Rubber Leaf's Cost of Goods Sold for the three months ended in Mar. 2024 was $3.15 Mil. Its Revenue for the three months ended in Mar. 2024 was $2.96 Mil.

Rubber Leaf's COGS to Revenue for the three months ended in Mar. 2024 was 1.07.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Rubber Leaf's Gross Margin % for the three months ended in Mar. 2024 was -6.67%.

Rubber Leaf COGS-to-Revenue Historical Data

The historical data trend for Rubber Leaf'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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Rubber Leaf COGS-to-Revenue Chart

Rubber Leaf Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

1.08

0.86

1.04

Rubber Leaf Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial						0.97	0.89	1.10	1.13	1.07

Rubber Leaf COGS-to-Revenue Calculation

Rubber Leaf's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	10.346	/	9.99
	=	1.04

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.152	/	2.955
	=	1.07

Rubber Leaf (OTCPK:RLEA) COGS-to-Revenue Explanation

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

Rubber Leaf'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	-	3.152 / 2.955
	=	-6.67 %

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.

Rubber Leaf COGS-to-Revenue Related Terms

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Rubber Leaf (Rubber Leaf) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rubber Leaf Inc (OTCPK:RLEA) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qixing Road, Weng’ao Industrial Zone, Chunhu Subdistrict, Fenghua District Ningbo, Zhejiang, CHN

Website

http://www.rubberleaf.com.cn

Rubber Leaf Inc engages in the production and sales of synthetic rubber, rubber compound, car window seals, and auto parts. It derives revenue primarily through the sale of synthetic rubber, rubber compound, car window seals, and auto parts with two sales channels. The company managed and reviewed its business as two operating segments: direct supply and indirect supply models.

Executives

Hua Wang	director, officer: CFO	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Xingxiu Hua	director, 10 percent owner, officer: President	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701
Yongjun Hua	director	318 N. CARSON STREET, STE. 208, CARSON CITY NV 89701

Rubber Leaf (Rubber Leaf) Headlines

From GuruFocus

Insider Sell: President, 10% Owner Xingxiu Hua Sells 22,741 Shares of Rubber Leaf Inc (RLEA)

By GuruFocus Research • 09-09-2023