China Marine Food Group (China Marine Food Group) COGS-to-Revenue : 0.69 (As of Sep. 2013)

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What is China Marine Food Group COGS-to-Revenue?

China Marine Food Group's Cost of Goods Sold for the three months ended in Sep. 2013 was $17.8 Mil. Its Revenue for the three months ended in Sep. 2013 was $25.7 Mil.

China Marine Food Group's COGS to Revenue for the three months ended in Sep. 2013 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. China Marine Food Group's Gross Margin % for the three months ended in Sep. 2013 was 30.51%.

China Marine Food Group COGS-to-Revenue Historical Data

The historical data trend for China Marine Food Group'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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China Marine Food Group COGS-to-Revenue Chart

China Marine Food Group Annual Data

Trend

Dec00

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

COGS-to-Revenue

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0.69

0.73

0.69

0.78

0.77

China Marine Food Group Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
COGS-to-Revenue	Get a 7-Day Free Trial															0.68	0.75	0.66	0.76	0.69

China Marine Food Group COGS-to-Revenue Calculation

China Marine Food Group's COGS to Revenue for the fiscal year that ended in Dec. 2012 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	121.487	/	157.317
	=	0.77

China Marine Food Group's COGS to Revenue for the quarter that ended in Sep. 2013 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	17.83	/	25.659
	=	0.69

China Marine Food Group (OTCPK:CMFO) COGS-to-Revenue Explanation

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

China Marine Food Group's Gross Margin % for the three months ended in Sep. 2013 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	17.83 / 25.659
	=	30.51 %

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.

China Marine Food Group COGS-to-Revenue Related Terms

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China Marine Food Group (China Marine Food Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Marine Food Group Ltd (OTCPK:CMFO) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Da Bao Industrial Zone, Shishi, Fujian, CHN, 362700

Website

http://www.china-marine.cn

China Marine Food Group Ltd is engaged in in the business of processing, distribution & sale of processed seafood-based snack foods, as well as the sale of fresh & frozen marine catch & ices. It also offers algae-based soft drinks.

Executives

Phil Frohlich	10 percent owner	1924 SOUTH IRICA SUITE 1120, TULSA OK 741046529
Prescott Group Capital Management, L.l.c.	10 percent owner	1924 SOUTH UTICA, SUITE 1120, TULSA OK 74104-6429
Jayhawk Capital Management Llc	10 percent owner, other: 13(d) group owning >10%	13021 W 74TH ST, SHAWNEE KS 66216
Kent C Mccarthy	10 percent owner, other: Member 13(d) group owning >10%	930 TAHOE BLVD., 802-281, INCLINE VILLAGE NV 89451
Jayhawk Private Equity Fund L P	10 percent owner, other: 13(d) group owning >10%	5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Co Invest Fund Lp	other: Member of the group	5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Jayhawk Private Equity Gp, L.p.	10 percent owner, other: 13(d) group owning >10%	5410 WEST 61ST PLACE, SUITE 100, MISSION KS 66205
Hon Wai Ku	officer: Chief Financial Officer	SUITE 815, 8TH FLOOR, OCEAN CENTRE, HARBOUR CITY, 5 CANTON ROAD, KOWLOON,, HONG KONG F4 0000