DAEMO Engineering Co (XKRX:317850) COGS-to-Revenue : 0.76 (As of Mar. 2024)

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What is DAEMO Engineering Co COGS-to-Revenue?

DAEMO Engineering Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩8,342 Mil. Its Revenue for the three months ended in Mar. 2024 was ₩10,950 Mil.

DAEMO Engineering Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. DAEMO Engineering Co's Gross Margin % for the three months ended in Mar. 2024 was 23.82%.

DAEMO Engineering Co COGS-to-Revenue Historical Data

The historical data trend for DAEMO Engineering 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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DAEMO Engineering Co COGS-to-Revenue Chart

DAEMO Engineering Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.74

0.77

0.79

0.76

DAEMO Engineering 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															0.72	0.74	0.82	0.81	0.76

DAEMO Engineering Co COGS-to-Revenue Calculation

DAEMO Engineering 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
	=	33904.422	/	44410.624
	=	0.76

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8341.938	/	10949.608
	=	0.76

DAEMO Engineering Co (XKRX:317850) COGS-to-Revenue Explanation

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

DAEMO Engineering 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	-	8341.938 / 10949.608
	=	23.82 %

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.

DAEMO Engineering Co COGS-to-Revenue Related Terms

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DAEMO Engineering Co (XKRX:317850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » DAEMO Engineering Co Ltd (XKRX:317850) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Sihwa National Industry Complex, 2178-5 Jeongwang-dong, Geonggi-do, Siheung, KOR, 515 2Ba

Website

http://www.daemo.co.kr

DAEMO Engineering Co Ltd is engaged in manufacturing of attachments for excavator. The company's products include Hydraulic Breaker, Concrete Crusher, Shear, Quick Coupler, and other attachments.

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