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Thinca Co (TSE:149A) COGS-to-Revenue : 0.20 (As of Mar. 2024)


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What is Thinca Co COGS-to-Revenue?

Thinca Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円59.2 Mil. Its Revenue for the three months ended in Mar. 2024 was 円292.0 Mil.

Thinca Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.20.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Thinca Co's Gross Margin % for the three months ended in Mar. 2024 was 79.71%.

Thinca Co COGS-to-Revenue Historical Data

The historical data trend for Thinca 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.

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Thinca Co COGS-to-Revenue Chart

Thinca Co Annual Data
Trend Dec21 Dec22 Dec23
COGS-to-Revenue
0.22 0.21 0.17

Thinca Co Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24
COGS-to-Revenue - - - 0.17 0.20

Thinca Co COGS-to-Revenue Calculation

Thinca 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
=172.603 / 1040.169
=0.17

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

COGS to Revenue=Cost of Goods Sold / Revenue
=59.235 / 291.968
=0.20

* 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.

Thinca Co  (TSE:149A) COGS-to-Revenue Explanation

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

Thinca 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 - 59.235 / 291.968
=79.71 %

* 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.

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.

Thinca Co COGS-to-Revenue Related Terms

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Thinca Co (TSE:149A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Thinca Co Ltd (TSE:149A) » Definitions » COGS-to-Revenue
Comparable Companies
Traded in Other Exchanges
N/A
Address
3-3 Kanda-Nishiki-cho, Chiyoda-ku, Tokyo, JPN, 101-0054
Website
Thinca Co Ltd is engaged in development and distribution of communication platform "KAICLOUD", and other related business.

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