GLG (ASX:GLE) COGS-to-Revenue : 0.86 (As of Dec. 2023)

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What is GLG COGS-to-Revenue?

GLG's Cost of Goods Sold for the six months ended in Dec. 2023 was A$86.4 Mil. Its Revenue for the six months ended in Dec. 2023 was A$100.1 Mil.

GLG's COGS to Revenue for the six months ended in Dec. 2023 was 0.86.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. GLG's Gross Margin % for the six months ended in Dec. 2023 was 13.71%.

GLG COGS-to-Revenue Historical Data

The historical data trend for GLG'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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GLG COGS-to-Revenue Chart

GLG Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

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0.84

0.78

0.82

0.79

0.82

GLG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.79	0.80	0.79	0.86	0.86

GLG COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	141.553	/	173.569
	=	0.82

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	86.386	/	100.117
	=	0.86

GLG (ASX:GLE) COGS-to-Revenue Explanation

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

GLG's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	86.386 / 100.117
	=	13.71 %

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.

GLG COGS-to-Revenue Related Terms

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GLG (ASX:GLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » GLG Corp Ltd (ASX:GLE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

15, Harvey Road, Singapore, SGP, 369930

Website

https://www.ghimli.com

GLG Corp Ltd is engaged as a supplier of knitwear or apparel and supply chain management solutions. The operating segments of the company are fabric which is into the manufacture and wholesaling of fabric, and garments which are into manufacturing and wholesaling of garments where the garment segment contributes to a majority of revenue. The products offered by the group include ready-to-wear, casual active, sleepwear, menswear, and childrenswear.

GLG (ASX:GLE) Headlines

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