Vedant Asset (BOM:543623) COGS-to-Revenue : 0.47 (As of Mar. 2024)

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What is Vedant Asset COGS-to-Revenue?

Vedant Asset's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹8.37 Mil. Its Revenue for the six months ended in Mar. 2024 was ₹17.67 Mil.

Vedant Asset's COGS to Revenue for the six months ended in Mar. 2024 was 0.47.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vedant Asset's Gross Margin % for the six months ended in Mar. 2024 was 52.67%.

Vedant Asset COGS-to-Revenue Historical Data

The historical data trend for Vedant Asset'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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Vedant Asset COGS-to-Revenue Chart

Vedant Asset Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

0.45

0.49

0.46

0.24

0.42

Vedant Asset Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial			-	0.20	0.26	0.35	0.47

Vedant Asset COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	13.505	/	32.352
	=	0.42

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8.365	/	17.673
	=	0.47

Vedant Asset (BOM:543623) COGS-to-Revenue Explanation

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

Vedant Asset's Gross Margin % for the six months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	8.365 / 17.673
	=	52.67 %

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.

Vedant Asset COGS-to-Revenue Related Terms

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Vedant Asset (BOM:543623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vedant Asset Ltd (BOM:543623) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, JH, IND, 834001

Website

https://www.vedantasset.com

Vedant Asset Ltd is engaged in a Financial Investment Super Market for private and rural investors. The core business is to earn revenue from brokerage and commission by managing funds of investors with various mutual fund houses and providing Banking Correspondence Services in association with various banks.

Vedant Asset (BOM:543623) Headlines

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