Zhejiang Busen Garments Co (SZSE:002569) COGS-to-Revenue : 0.61 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Zhejiang Busen Garments Co COGS-to-Revenue?

Zhejiang Busen Garments Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥21.9 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥35.7 Mil.

Zhejiang Busen Garments Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.61.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhejiang Busen Garments Co's Gross Margin % for the three months ended in Mar. 2024 was 38.61%.

Zhejiang Busen Garments Co COGS-to-Revenue Historical Data

The historical data trend for Zhejiang Busen Garments Co'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.

* Premium members only.

Zhejiang Busen Garments Co COGS-to-Revenue Chart

Zhejiang Busen Garments Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.65

0.79

0.52

0.53

0.69

Zhejiang Busen Garments Co 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															0.65	0.69	0.63	0.77	0.61

Zhejiang Busen Garments Co COGS-to-Revenue Calculation

Zhejiang Busen Garments Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	99.408	/	144.082
	=	0.69

Zhejiang Busen Garments Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	21.897	/	35.669
	=	0.61

Zhejiang Busen Garments Co (SZSE:002569) COGS-to-Revenue Explanation

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

Zhejiang Busen Garments Co'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	-	21.897 / 35.669
	=	38.61 %

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.

Zhejiang Busen Garments Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Zhejiang Busen Garments Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Busen Garments Co (SZSE:002569) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Zhejiang Busen Garments Co Ltd (SZSE:002569) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

419, Busen Avenue, Fengqiao Town, Zhejiang, Zhuji, CHN, 311811

Website

http://www.busen.cn

Zhejiang Busen Garments Co Ltd is engaged in the business of design, production, and sales of men's clothing. The products of the company include shirts, suits, trousers, jackets, T-shirts, and business wear.

Executives

Wang Gang	Executives
Du Xin	Director
Lu Li Juan	Directors, executives
Bai Liang	Director
Pan Yi	Supervisors
Huang Le Ying	Director
Yuan Jian Jun	Executives
Shou He Lei	Secretary Dong
Zhao Xia Ying	Supervisors
Ye Hong Ying	Supervisors
Chen Neng En	Director
Wang Ling	Director
Chen Jian Guo	Director

Zhejiang Busen Garments Co (SZSE:002569) Headlines

No Headlines