iFresh (iFresh) COGS-to-Revenue : 0.74 (As of Dec. 2020)

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What is iFresh COGS-to-Revenue?

iFresh's Cost of Goods Sold for the three months ended in Dec. 2020 was $19.02 Mil. Its Revenue for the three months ended in Dec. 2020 was $25.63 Mil.

iFresh's COGS to Revenue for the three months ended in Dec. 2020 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. iFresh's Gross Margin % for the three months ended in Dec. 2020 was 25.80%.

iFresh COGS-to-Revenue Historical Data

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

iFresh Annual Data

Trend

Dec14

Dec15

Mar17

Mar18

Mar19

Mar20

COGS-to-Revenue

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0.79

0.84

0.81

iFresh Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
COGS-to-Revenue	Get a 7-Day Free Trial															0.79	0.87	0.72	0.80	0.74

iFresh COGS-to-Revenue Calculation

iFresh's COGS to Revenue for the fiscal year that ended in Mar. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	72.618	/	89.453
	=	0.81

iFresh's COGS to Revenue for the quarter that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	19.018	/	25.63
	=	0.74

iFresh (OTCPK:IFMK) COGS-to-Revenue Explanation

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

iFresh's Gross Margin % for the three months ended in Dec. 2020 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	19.018 / 25.63
	=	25.80 %

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.

iFresh COGS-to-Revenue Related Terms

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iFresh (iFresh) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » iFresh Inc (OTCPK:IFMK) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-39 54th Avenue, Long Island City, NY, USA

Website

http://www.ifreshmarket.com

iFresh Inc is an Asian/Chinese grocery supermarket chain in the North-Eastern U.S. providing food and other merchandise hard to find in mainstream grocery stores. The company has two reportable and operating segments: Retail segment and Wholesale segment. It offers seafood, vegetables, meat, fruit, frozen goods, groceries, and bakery products through its retail stores. The company generates a majority of its revenue from its retail segment.

Executives

Fei Zhang	10 percent owner	NO. 136-30 YUE JIN VILLAGE DA DU KOU DISTRICT CHONG QING CITY F4 400080
Ping Zhou	director, 10 percent owner	51 RENMIN SOUTH ROAD BUILDING 3, UNIT 3, ROOM 501 WUHOU DISTRICT CHENGDU SICHUAN F4 610041
Jay Walder	director	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Long Yi	officer: Chief Financial Officer	NO. 1688, YUNLI ROAD, TONLGI, WUJIANG, JIANGSU PROVINCE F4 0000000000
Long Deng	director, 10 percent owner, officer: CEO, COO & Chairman of Board	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Lilly Deng	director, 10 percent owner, officer: VP of Legal and Finance	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Hk Xu Ding Co., Ltd	10 percent owner	UNIT 5, 27/F., RICHMOND COMM. BLDG. 109 ARGYLE STREET, MONGKOK, KOWLOON HONG KONG K3 0000000
Junfeng Liu	10 percent owner	UNIT 5, 27/F., RICHMOND COMM. BLDG. 109 ARGYLE STREET MONGKOK, KOWLOON K3 00000
Harvey Leibowitz	director
Mark Fang	director	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Xin He	officer: Chief Financial Officer	32000 AURORA ROAD, SUITE B, SOLON OH 44139
Jianming You	director	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Amy He	officer: Chief Financial Officer	8TH FLOOR BLOCK 8 AOLINJIATAI BLDG, 1 KEHUIQIAN ST, CHAOYANG DISTRICT, BEIJING F4 00000
Xiangke Fang	director	2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Henry Chang-yu Lee	director	300 BOSTON POST ROAD WEST HAVEN CT 06516