Horiba (Horiba) COGS-to-Revenue : 0.56 (As of Mar. 2024)

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What is Horiba COGS-to-Revenue?

Horiba's Cost of Goods Sold for the three months ended in Mar. 2024 was $261 Mil. Its Revenue for the three months ended in Mar. 2024 was $469 Mil.

Horiba's COGS to Revenue for the three months ended in Mar. 2024 was 0.56.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Horiba's Gross Margin % for the three months ended in Mar. 2024 was 44.43%.

Horiba COGS-to-Revenue Historical Data

The historical data trend for Horiba'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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Horiba COGS-to-Revenue Chart

Horiba Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.59

0.58

0.57

0.56

Horiba 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															0.56	0.59	0.56	0.55	0.56

Horiba COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1133.305	/	2018.023
	=	0.56

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	260.575	/	468.914
	=	0.56

Horiba (OTCPK:HRIBF) COGS-to-Revenue Explanation

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

Horiba'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	-	260.575 / 468.914
	=	44.43 %

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.

Horiba COGS-to-Revenue Related Terms

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Horiba (Horiba) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Horiba Ltd (OTCPK:HRIBF) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

6856:Japan 01H:Germany

Address

2, Miyanohigashi-cho, Kisshoin, Minami-ku, Kyoto, JPN, 601-8510

Website

http://www.horiba.co.jp

Horiba Ltd provides analytical and measurement equipment. The automotive test systems segment contributes the largest percentage of revenue and supplies engine, driveline, brake, wind tunnel balance, and emissions test systems. The scientific segment sells instruments like pH meters, X-ray microscopes, and spectrometers. The semiconductor segment supplies mass flow controllers that are used in the semiconductor manufacturing process. The medical-diagnostic segment sells blood testing instruments and reagents for the in vitro diagnostics market. The process and environmental segment provides solutions associated with environmental regulations, such as air-pollution and water-quality analyzers. Horiba generates the largest proportion of its sales in Japan.

Horiba (Horiba) Headlines

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Third Avenue Value Fund Buys Horiba, Curbs 2 Top Holdings

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