Ashok Leyland (BOM:500477) COGS-to-Revenue : 0.63 (As of Dec. 2023)

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What is Ashok Leyland COGS-to-Revenue?

Ashok Leyland's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹69,531 Mil. Its Revenue for the three months ended in Dec. 2023 was ₹110,448 Mil.

Ashok Leyland's COGS to Revenue for the three months ended in Dec. 2023 was 0.63.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ashok Leyland's Gross Margin % for the three months ended in Dec. 2023 was 37.05%.

Ashok Leyland COGS-to-Revenue Historical Data

The historical data trend for Ashok Leyland'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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Ashok Leyland COGS-to-Revenue Chart

Ashok Leyland Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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0.66

0.62

0.68

0.70

Ashok Leyland 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															0.69	0.70	0.65	0.65	0.63

Ashok Leyland COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	289355.5	/	414883
	=	0.70

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	69530.5	/	110448.1
	=	0.63

Ashok Leyland (BOM:500477) COGS-to-Revenue Explanation

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

Ashok Leyland'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	-	69530.5 / 110448.1
	=	37.05 %

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.

Ashok Leyland COGS-to-Revenue Related Terms

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Ashok Leyland (BOM:500477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ashok Leyland Ltd (BOM:500477) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ASHOKLEY:India

Address

No. 1, Sardar Patel Road, Guindy, Chennai, TN, IND, 600 032

Website

https://www.ashokleyland.com

Ashok Leyland Ltd is an automobile manufacturing company. The company manufactures commercial vehicles, engines, spare parts, and accessories, with the vast majority of revenue derived from commercial vehicle sales. Ashok Leyland organizes its business into two segments: Commercial vehicles and Financial Services. The company derives more than half of its consolidated revenue domestically.

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