GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » FGI Industries Ltd (NAS:FGI) » Definitions » COGS-to-Revenue

FGI Industries (FGI Industries) COGS-to-Revenue : 0.73 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is FGI Industries COGS-to-Revenue?

FGI Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was $22.3 Mil. Its Revenue for the three months ended in Mar. 2024 was $30.8 Mil.

FGI Industries's COGS to Revenue for the three months ended in Mar. 2024 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. FGI Industries's Gross Margin % for the three months ended in Mar. 2024 was 27.36%.

FGI Industries COGS-to-Revenue Historical Data

The historical data trend for FGI Industries'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.

FGI Industries COGS-to-Revenue Chart

FGI Industries Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
0.80 0.79 0.82 0.81 0.73

FGI Industries Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.73 0.74 0.71 0.73

FGI Industries COGS-to-Revenue Calculation

FGI Industries's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=85.165 / 117.242
=0.73

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

COGS to Revenue=Cost of Goods Sold / Revenue
=22.341 / 30.754
=0.73

* 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.

FGI Industries  (NAS:FGI) COGS-to-Revenue Explanation

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

FGI Industries'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 - 22.341 / 30.754
=27.36 %

* 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.

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.

FGI Industries COGS-to-Revenue Related Terms

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

FGI Industries (FGI Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » FGI Industries Ltd (NAS:FGI) » Definitions » COGS-to-Revenue
Comparable Companies
EFOI LUVU ATER NVFY AUVI THBD CRWS KEQU VIOT SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK MHK
Traded in Other Exchanges
N/A
Address
906 Murray Road, East Hanover, NJ, USA, 07869
Website
https://www.fgi-industries.com
FGI Industries Ltd is a supplier of kitchen and bath products. It offers sanitaryware, bath furniture, shower systems, customer kitchen cabinetry, and other accessory items. It is business to business supplier of bath and kitchen products to large retail, wholesale, commercial, and specialty channel customers around the globe. its revenue is generated by sanitaryware. Geographically it operates in the United States, Canada, Europe, Rest of the World, and the majority of its revenue comes from the United States.
Executives
Todd M. Heysse director 906 MURRAY ROAD, EAST HANOVER NJ 07869
Myong Jae Chung director 906 MURRAY ROAD, EAST HANOVER NJ 07869
Kellie Z. Weir director 906 MURRAY ROAD, EAST HANOVER NJ 07869
John Shu-nan Chen director, officer: Executive Chairman 906 MURRAY ROAD, EAST HANOVER NJ 07869
David E. Bruce director, officer: Chief Executive Officer 906 MURRAY ROAD, EAST HANOVER NJ 07869
Jennifer Earl officer: Executive VP, Canada 906 MURRAY ROAD, EAST HANOVER NJ 07869
Perry Lin officer: Chief Financial Officer 906 MURRAY ROAD, EAST HANOVER NJ 07869
Robert Kermelewicz officer: Executive VP, United States 906 MURRAY ROAD, EAST HANOVER NJ 07869
Foremost Groups Ltd 10 percent owner 906 MURRAY ROAD, EAST HANOVER NJ 07869
Norman Kroenke officer: Executive VP, Europe 906 MURRAY ROAD, EAST HANOVER NJ 07869