Candour Techtex (BOM:522292) COGS-to-Revenue : 0.95 (As of Mar. 2024)

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What is Candour Techtex COGS-to-Revenue?

Candour Techtex's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹401 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹422 Mil.

Candour Techtex's COGS to Revenue for the three months ended in Mar. 2024 was 0.95.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Candour Techtex's Gross Margin % for the three months ended in Mar. 2024 was 4.79%.

Candour Techtex COGS-to-Revenue Historical Data

The historical data trend for Candour Techtex'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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Candour Techtex COGS-to-Revenue Chart

Candour Techtex Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.53

0.93

0.95

0.90

0.95

Candour Techtex 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															0.68	0.95	0.95	0.95	0.95

Candour Techtex COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1759.213	/	1847.341
	=	0.95

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	401.476	/	421.672
	=	0.95

Candour Techtex (BOM:522292) COGS-to-Revenue Explanation

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

Candour Techtex'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	-	401.476 / 421.672
	=	4.79 %

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.

Candour Techtex COGS-to-Revenue Related Terms

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Candour Techtex (BOM:522292) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Candour Techtex Ltd (BOM:522292) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

52, S.K. Ahire Marg, 108/109, T.V. Industrial Estate, Worli, Mumbai, MH, IND, 400 030

Website

https://www.cteil.com

Candour Techtex Ltd is an India-based textile machinery manufacturer of two-for-one twisting machines (TFO). In addition, it also manufactures velvet fabrics. The operating segments of the company are the Textile division; Plastic division, Trading Division and Technical Textiles Division. It derives maximum revenue from the Trading division. The organization also manufactures plastic crates and other allied plastic products. The company has business operations in India and internationally. Its product offerings comprise Die Casting machines, Injection Moulding Machines, and Rubber Injection Moulding machines, among others.

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