Asia Cassava Resources Holdings (HKSE:00841) COGS-to-Revenue : 0.91 (As of Sep. 2023)

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What is Asia Cassava Resources Holdings COGS-to-Revenue?

Asia Cassava Resources Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was HK$775 Mil. Its Revenue for the six months ended in Sep. 2023 was HK$856 Mil.

Asia Cassava Resources Holdings's COGS to Revenue for the six months ended in Sep. 2023 was 0.91.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Asia Cassava Resources Holdings's Gross Margin % for the six months ended in Sep. 2023 was 9.45%.

Asia Cassava Resources Holdings COGS-to-Revenue Historical Data

The historical data trend for Asia Cassava Resources Holdings'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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Asia Cassava Resources Holdings COGS-to-Revenue Chart

Asia Cassava Resources Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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0.88

0.89

0.90

0.88

0.89

Asia Cassava Resources Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.88	0.88	0.88	0.89	0.91

Asia Cassava Resources Holdings COGS-to-Revenue Calculation

Asia Cassava Resources Holdings's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3518.59	/	3969.276
	=	0.89

Asia Cassava Resources Holdings's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	775.399	/	856.279
	=	0.91

Asia Cassava Resources Holdings (HKSE:00841) COGS-to-Revenue Explanation

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

Asia Cassava Resources Holdings's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	775.399 / 856.279
	=	9.45 %

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.

Asia Cassava Resources Holdings COGS-to-Revenue Related Terms

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Asia Cassava Resources Holdings (HKSE:00841) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Asia Cassava Resources Holdings Ltd (HKSE:00841) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

63 Mody Road, Unit 612-613, 6th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG

Website

http://www.asiacassava.com

Asia Cassava Resources Holdings Ltd is an investment holding company, which engages in the trade of dried cassava chips. It operates through the following segments: Procurement and Sale of Dried Cassava Chips; Property Investment; and Hotel Operations. The Procurement and Sale of Dried Cassava Chips segment which generates majority revenue offer procurement and sale of dried cassava chips. The Property Investment segment invests in office space and industrial properties for its rental income potential. The Hotel Operations segment involves in hotel operations in the People's Republic of China. The company operates in four geographical markets Hong Kong, Mainland China, Laos and Thailand out of which Mainland China acts as a major revenue contributor.

Asia Cassava Resources Holdings (HKSE:00841) Headlines

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