Hirose Electric Co (Hirose Electric Co) COGS-to-Revenue : 0.58 (As of Mar. 2024)

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What is Hirose Electric Co COGS-to-Revenue?

Hirose Electric Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $156 Mil. Its Revenue for the three months ended in Mar. 2024 was $269 Mil.

Hirose Electric Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.58.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hirose Electric Co's Gross Margin % for the three months ended in Mar. 2024 was 42.03%.

Hirose Electric Co COGS-to-Revenue Historical Data

The historical data trend for Hirose Electric Co'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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Hirose Electric Co COGS-to-Revenue Chart

Hirose Electric Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.58

0.54

0.52

0.56

Hirose Electric Co 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	0.54	0.57	0.56	0.58

Hirose Electric Co COGS-to-Revenue Calculation

Hirose Electric Co's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	620.83	/	1104.729
	=	0.56

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	156.109	/	269.306
	=	0.58

Hirose Electric Co (OTCPK:HRSEF) COGS-to-Revenue Explanation

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

Hirose Electric Co'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	-	156.109 / 269.306
	=	42.03 %

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.

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Hirose Electric Co (Hirose Electric Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hirose Electric Co Ltd (OTCPK:HRSEF) » Definitions » COGS-to-Revenue

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HROEY:USA 6806:Japan

Address

5-23. Osaki 5-chome, shinagawa-ku, Tokyo, JPN, 141-8587

Website

https://www.hirose.com

Hirose Electric Co Ltd is a Japan-based company that manufactures and distributes electrical and electronic connectors for use in automotive, mobile communication, telecommunications, networking, and smart grid applications. Its product portfolio includes printed circuit boards, optical connectors, fiber optic cables, sealed connectors, microwave components, switches and sensors, modular jacks and plugs, integrated circuit cards and sockets, and coaxial cables. The firm generates revenue in Europe, Asia, and North America.

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