Hollysys Automation Technologies (Hollysys Automation Technologies) COGS-to-Revenue : 0.65 (As of Sep. 2023)

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What is Hollysys Automation Technologies COGS-to-Revenue?

Hollysys Automation Technologies's Cost of Goods Sold for the three months ended in Sep. 2023 was $130.7 Mil. Its Revenue for the three months ended in Sep. 2023 was $199.9 Mil.

Hollysys Automation Technologies's COGS to Revenue for the three months ended in Sep. 2023 was 0.65.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hollysys Automation Technologies's Gross Margin % for the three months ended in Sep. 2023 was 34.61%.

Hollysys Automation Technologies COGS-to-Revenue Historical Data

The historical data trend for Hollysys Automation Technologies'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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Hollysys Automation Technologies COGS-to-Revenue Chart

Hollysys Automation Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

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0.63

0.62

0.63

0.66

0.67

Hollysys Automation Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.69	0.60	0.73	0.69	0.65

Hollysys Automation Technologies COGS-to-Revenue Calculation

Hollysys Automation Technologies's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	521.888	/	777.373
	=	0.67

Hollysys Automation Technologies's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	130.724	/	199.9
	=	0.65

Hollysys Automation Technologies (NAS:HOLI) COGS-to-Revenue Explanation

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

Hollysys Automation Technologies's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	130.724 / 199.9
	=	34.61 %

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.

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Hollysys Automation Technologies (Hollysys Automation Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hollysys Automation Technologies Ltd (NAS:HOLI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

46H:Germany

Address

No. 2 Disheng Middle Road, Beijing Economic-Technological Development Area, Beijing, CHN, 100176

Website

https://www.hollysys.com/index.php

Hollysys Automation Technologies Ltd is a China-based company that provides automation and control technologies and products. The company operates through three segments. Its IA segment supplies solutions including third-party hardware-centric products, proprietary software products, and others. The Rail segment supplies train control center and automation train protection to the rail and subway industries. The M&E segment consists of its two Southeast Asia-based subsidiaries that provide mechanical and electrical solutions. Hollysys Automation Technologies generates most of its sales from the Chinese domestic market.