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Lichen China (Lichen China) COGS-to-Revenue : 0.39 (As of Dec. 2023)


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What is Lichen China COGS-to-Revenue?

Lichen China's Cost of Goods Sold for the six months ended in Dec. 2023 was $9.34 Mil. Its Revenue for the six months ended in Dec. 2023 was $23.83 Mil.

Lichen China's COGS to Revenue for the six months ended in Dec. 2023 was 0.39.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lichen China's Gross Margin % for the six months ended in Dec. 2023 was 60.81%.

Lichen China COGS-to-Revenue Historical Data

The historical data trend for Lichen China'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.

Lichen China COGS-to-Revenue Chart

Lichen China Annual Data
Trend Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
0.39 0.40 0.40 0.39

Lichen China Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
COGS-to-Revenue Get a 7-Day Free Trial 0.47 0.36 0.45 0.38 0.39

Lichen China COGS-to-Revenue Calculation

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

COGS to Revenue=Cost of Goods Sold / Revenue
=15.439 / 39.759
=0.39

Lichen China's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=9.341 / 23.833
=0.39

* 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.

Lichen China  (NAS:LICN) COGS-to-Revenue Explanation

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

Lichen China's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 9.341 / 23.833
=60.81 %

* 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.

Lichen China COGS-to-Revenue Related Terms

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Lichen China (Lichen China) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Lichen China Ltd (NAS:LICN) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
N/A
Address
888 Century Avenue Meiling Street, Tower 3, Jinjiang Wanda Plaza Commercial Complex, B2306, Block B, Fujian Province, Jinjiang, CHN, 362000
Website
https://www.lichenzx.com
Lichen China Ltd is a holding company. The company, along with its subsidiaries provides financial and taxation solution services; education support services; and software and maintenance services. The company generates Majority revenue from Financial and taxation solution services.