Trade Wings (BOM:509953) COGS-to-Revenue : 0.80 (As of Mar. 2024)

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

What is Trade Wings COGS-to-Revenue?

Trade Wings's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹498 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹624 Mil.

Trade Wings's COGS to Revenue for the three months ended in Mar. 2024 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Trade Wings's Gross Margin % for the three months ended in Mar. 2024 was 20.10%.

Trade Wings COGS-to-Revenue Historical Data

The historical data trend for Trade Wings'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.

Trade Wings COGS-to-Revenue Chart

Trade Wings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

Get a 7-Day Free Trial

0.86

0.78

0.80

0.81

0.82

Trade Wings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.80	0.85	0.84	0.80	0.80

Trade Wings COGS-to-Revenue Calculation

Trade Wings's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1994.587	/	2424.247
	=	0.82

Trade Wings's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	498.156	/	623.501
	=	0.80

Trade Wings (BOM:509953) COGS-to-Revenue Explanation

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

Trade Wings's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	498.156 / 623.501
	=	20.10 %

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.

Trade Wings COGS-to-Revenue Related Terms

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

Trade Wings (BOM:509953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Trade Wings Ltd (BOM:509953) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

A-2 Kaveri CHS, Plot No.63, Sector 17, Vashi, Navi Mumbai, MH, IND, 400 705

Website

https://www.tradewings.in

Trade Wings Ltd is an India based company operating in the tourism industry. Its services include Business Travel, Leisure Travel, Hospitality, Logistics, and others. The company's operating segment includes Cargo and Others and Travel Related Services. It generates maximum revenue from the Travel Related Services segment.

Trade Wings (BOM:509953) Headlines

No Headlines