Mincon Group (LSE:MCON) COGS-to-Revenue : 0.74 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Mincon Group COGS-to-Revenue?

Mincon Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £48.6 Mil. Its Revenue for the six months ended in Dec. 2023 was £65.8 Mil.

Mincon Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mincon Group's Gross Margin % for the six months ended in Dec. 2023 was 26.04%.

Mincon Group COGS-to-Revenue Historical Data

The historical data trend for Mincon Group'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.

Mincon Group COGS-to-Revenue Chart

Mincon Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.67

0.65

0.66

0.68

0.71

Mincon Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.67	0.68	0.68	0.68	0.74

Mincon Group COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	95.979	/	135.197
	=	0.71

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	48.647	/	65.772
	=	0.74

Mincon Group (LSE:MCON) COGS-to-Revenue Explanation

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

Mincon Group'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	-	48.647 / 65.772
	=	26.04 %

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.

Mincon Group COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Mincon Group's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Mincon Group (LSE:MCON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mincon Group PLC (LSE:MCON) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

MIO:Ireland MIO:Germany

Address

Smithstown Industrial Estate, County Clare, Shannon, IRL

Website

https://www.mincon.com

Mincon Group PLC is an Irish engineering company. The company is engaged in the designing, manufacturing, selling and servicing of rock drilling tools and associated products. It provides after sales support and service to customers through its network of sales and distribution companies in international markets. Most of the revenue is derived from the sale of drilling equipment and other products that are manufactured by its manufacturing sites. Geographically, it derives maximum revenue from Europe, Middle East, Africa and has a presence in Ireland, America, and Australasia.

Mincon Group (LSE:MCON) Headlines

No Headlines