Ace Bed Co (XKRX:003800) COGS-to-Revenue : 0.34 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Ace Bed Co COGS-to-Revenue?

Ace Bed Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩28,586 Mil. Its Revenue for the three months ended in Dec. 2023 was ₩83,673 Mil.

Ace Bed Co's COGS to Revenue for the three months ended in Dec. 2023 was 0.34.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ace Bed Co's Gross Margin % for the three months ended in Dec. 2023 was 65.84%.

Ace Bed Co COGS-to-Revenue Historical Data

The historical data trend for Ace Bed 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.

* Premium members only.

Ace Bed Co COGS-to-Revenue Chart

Ace Bed Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.39

0.40

0.38

0.39

0.36

Ace Bed Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.40	0.38	0.37	0.35	0.34

Ace Bed Co COGS-to-Revenue Calculation

Ace Bed 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
	=	110085.573	/	306414.5
	=	0.36

Ace Bed Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	28586.478	/	83673.262
	=	0.34

Ace Bed Co (XKRX:003800) COGS-to-Revenue Explanation

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

Ace Bed Co's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	28586.478 / 83673.262
	=	65.84 %

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.

Ace Bed Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Ace Bed Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Ace Bed Co (XKRX:003800) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ace Bed Co Ltd (XKRX:003800) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

310-1, Sanggok-ri, Samseong-myeon, Eumseong-gun, Chungcheongbuk-do, KOR, 462-120

Website

http://www.acebed.com

Ace Bed Co Ltd is engaged in manufacturing and selling beds, mattresses, sleep care systems and accessories, and bedroom furniture sets in South Korea and internationally. Its bedroom furniture sets include nightstands, mirrors, bureaus, and make-up tables, and other products.

Ace Bed Co (XKRX:003800) Headlines

No Headlines