Chokwang Paint (XKRX:004910) COGS-to-Revenue : 0.82 (As of Mar. 2024)

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What is Chokwang Paint COGS-to-Revenue?

Chokwang Paint's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩48,177 Mil. Its Revenue for the three months ended in Mar. 2024 was ₩58,595 Mil.

Chokwang Paint's COGS to Revenue for the three months ended in Mar. 2024 was 0.82.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Chokwang Paint's Gross Margin % for the three months ended in Mar. 2024 was 17.78%.

Chokwang Paint COGS-to-Revenue Historical Data

The historical data trend for Chokwang Paint'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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Chokwang Paint COGS-to-Revenue Chart

Chokwang Paint Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.85

0.89

0.86

0.82

Chokwang Paint 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															0.84	0.82	0.80	0.81	0.82

Chokwang Paint COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	206695.624	/	252818.413
	=	0.82

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	48177.057	/	58594.756
	=	0.82

Chokwang Paint (XKRX:004910) COGS-to-Revenue Explanation

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

Chokwang Paint'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	-	48177.057 / 58594.756
	=	17.78 %

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.

Chokwang Paint COGS-to-Revenue Related Terms

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Chokwang Paint (XKRX:004910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chokwang Paint Ltd (XKRX:004910) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

379-1 Samrak-dong, Sasang-gu, Busan, KOR, 617-070

Website

http://www.chokwangpaint.co.kr

Chokwang Paint Ltd is a South Korean company engaged in manufacturing of general paints and similar products. The products of the company are floor paint, water repellent, residential paint, industrial paint, and carpentry paint.

Chokwang Paint (XKRX:004910) Headlines

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