Riba Textiles (BOM:531952) COGS-to-Revenue : 0.59 (As of Mar. 2024)

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What is Riba Textiles COGS-to-Revenue?

Riba Textiles's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹433 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹740 Mil.

Riba Textiles's COGS to Revenue for the three months ended in Mar. 2024 was 0.59.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Riba Textiles's Gross Margin % for the three months ended in Mar. 2024 was 41.47%.

Riba Textiles COGS-to-Revenue Historical Data

The historical data trend for Riba Textiles'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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Riba Textiles COGS-to-Revenue Chart

Riba Textiles Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.80

0.85

0.65

0.63

Riba Textiles 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															0.50	0.52	0.69	0.72	0.59

Riba Textiles COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1552.33	/	2468.943
	=	0.63

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	433.221	/	740.164
	=	0.59

Riba Textiles (BOM:531952) COGS-to-Revenue Explanation

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

Riba Textiles'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	-	433.221 / 740.164
	=	41.47 %

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.

Riba Textiles COGS-to-Revenue Related Terms

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Riba Textiles (BOM:531952) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Riba Textiles Ltd (BOM:531952) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Assandh Road, Kishore House, Panipat, HR, IND, 132103

Website

https://www.ribatextiles.com

Riba Textiles Ltd is engaged in manufacturing and export of terry towels. It produces bath towels, beach towels, and tufted bath mats. The company's product portfolio includes SPA towels, Yarn dyed towels, Plain dyed towels, Printed border towels, Embroidered towels, Bathrobes, Double jacquard towels, Weft insert rapier towels, Sublistatic printed towels, Yarn dyed and piece dyed tufted bath mats, and beach accessories.

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