Finotek Co (XKRX:150440) COGS-to-Revenue : 0.90 (As of Dec. 2022)

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What is Finotek Co COGS-to-Revenue?

Finotek Co's Cost of Goods Sold for the six months ended in Dec. 2022 was ₩9,434 Mil. Its Revenue for the six months ended in Dec. 2022 was ₩10,429 Mil.

Finotek Co's COGS to Revenue for the six months ended in Dec. 2022 was 0.90.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Finotek Co's Gross Margin % for the six months ended in Dec. 2022 was 9.54%.

Finotek Co COGS-to-Revenue Historical Data

The historical data trend for Finotek 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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Finotek Co COGS-to-Revenue Chart

Finotek Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.66

0.74

0.77

0.83

0.90

Finotek Co Semi-Annual Data
	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
COGS-to-Revenue	Get a 7-Day Free Trial			0.66	0.74	0.77	0.83	0.90

Finotek Co COGS-to-Revenue Calculation

Finotek Co's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9434.336	/	10428.76
	=	0.90

Finotek Co's COGS to Revenue for the quarter that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9434.336	/	10428.76
	=	0.90

Finotek Co (XKRX:150440) COGS-to-Revenue Explanation

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

Finotek Co's Gross Margin % for the six months ended in Dec. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	9434.336 / 10428.76
	=	9.54 %

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.

Finotek Co COGS-to-Revenue Related Terms

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Finotek Co (XKRX:150440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Finotek Co Ltd (XKRX:150440) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

N/A

Address

3rd floor, 1 Yangjaechunro 9-Gil, Seocho-Gu, Seoul, KOR

Website

http://www.finotek.co.kr

Finotek Co Ltd develops and supply's software, system integration (SI), application development and consulting, system ASP services. The company primarily serves the financial services sector. Geographically, the business is carried out through Korea.

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