Hisar Spinning Mills (BOM:521068) COGS-to-Revenue : 0.53 (As of Mar. 2024)

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What is Hisar Spinning Mills COGS-to-Revenue?

Hisar Spinning Mills's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹54.3 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹103.4 Mil.

Hisar Spinning Mills's COGS to Revenue for the three months ended in Mar. 2024 was 0.53.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hisar Spinning Mills's Gross Margin % for the three months ended in Mar. 2024 was 47.48%.

Hisar Spinning Mills COGS-to-Revenue Historical Data

The historical data trend for Hisar Spinning Mills'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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Hisar Spinning Mills COGS-to-Revenue Chart

Hisar Spinning Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.62

0.61

0.55

0.58

0.61

Hisar Spinning Mills 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															0.63	0.60	0.67	0.63	0.53

Hisar Spinning Mills COGS-to-Revenue Calculation

Hisar Spinning Mills's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	254.909	/	419.816
	=	0.61

Hisar Spinning Mills's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	54.302	/	103.384
	=	0.53

Hisar Spinning Mills (BOM:521068) COGS-to-Revenue Explanation

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

Hisar Spinning Mills'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	-	54.302 / 103.384
	=	47.48 %

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.

Hisar Spinning Mills COGS-to-Revenue Related Terms

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Hisar Spinning Mills (BOM:521068) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Hisar Spinning Mills Ltd (BOM:521068) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Hisar Bhiwani Road, 9th KM Stone, Village and Post Office Dabra, Hisar, HR, IND, 125005

Website

https://www.hisarspinningmills.com

Hisar Spinning Mills Ltd is a textile manufacturing company. It is engaged in the business of trading of cotton yarns in India. The company has installed open-end machines with approximately 672 rotors along with ring doublers which have a capacity of approximately 2200 metric ton to produce cotton yarns.

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