Senmiao Technology (Senmiao Technology) COGS-to-Revenue : 0.74 (As of Dec. 2023)

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What is Senmiao Technology COGS-to-Revenue?

Senmiao Technology's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.20 Mil. Its Revenue for the three months ended in Dec. 2023 was $1.62 Mil.

Senmiao Technology's COGS to Revenue for the three months ended in Dec. 2023 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Senmiao Technology's Gross Margin % for the three months ended in Dec. 2023 was 25.83%.

Senmiao Technology COGS-to-Revenue Historical Data

The historical data trend for Senmiao Technology'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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Senmiao Technology COGS-to-Revenue Chart

Senmiao Technology Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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0.71

0.78

0.91

1.42

0.82

Senmiao Technology 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															0.89	0.69	0.72	0.80	0.74

Senmiao Technology COGS-to-Revenue Calculation

Senmiao Technology's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6.59	/	8.083
	=	0.82

Senmiao Technology's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.2	/	1.618
	=	0.74

Senmiao Technology (NAS:AIHS) COGS-to-Revenue Explanation

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

Senmiao Technology'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	-	1.2 / 1.618
	=	25.83 %

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.

Senmiao Technology COGS-to-Revenue Related Terms

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Senmiao Technology (Senmiao Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Senmiao Technology Ltd (NAS:AIHS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Middle Jiannan Boulevard, 16th Floor, Shihao Square, High-Tech Zone, Sichuan, Chengdu, CHN, 610000

Website

http://www.senmiaotech.com

Senmiao Technology Ltd is a holding company. The company's operating segment includes Automobile Transaction and Related Services and Online ride-hailing platform Services. It generates maximum revenue from the Automobile Transaction and Related Services segment. Geographically, it derives revenue from China.

Executives

Xiaoyuan Zhang	officer: CFO & Treasurer	16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE, CHENGDU, SICHUAN F4 610000
Haitao Liu	officer: Chief Operating Officer	16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Chunhai Li	officer: Chief Technology Officer	16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Trent D Davis	director	811 SW NAITO PARKWAY, SUITE 200, PORTLAND OR 97204
Xiaojuan Lin	director	16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Xi Wen	director, officer: See Remarks	16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Jie Gao	director	16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD., HIGH-TECH ZONE, CHENGDU, SICHUAN F4 610000
Sichun Wang	director	16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD., HIGH-TECH ZONE, CHENGDU, SICHUAN F4 610000
Rong Zhu	officer: Chief Financial Officer	16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Yulei Rao	director	16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Xiang Hu	director, 10 percent owner	16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Xi Chen	officer: Chief Executive Officer	16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000