Hisar Metal Industries (NSE:HISARMETAL) COGS-to-Revenue : 0.76 (As of Mar. 2024)

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What is Hisar Metal Industries COGS-to-Revenue?

Hisar Metal Industries's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹463 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹608 Mil.

Hisar Metal Industries's COGS to Revenue for the three months ended in Mar. 2024 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hisar Metal Industries's Gross Margin % for the three months ended in Mar. 2024 was 23.75%.

Hisar Metal Industries COGS-to-Revenue Historical Data

The historical data trend for Hisar Metal Industries'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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Hisar Metal Industries COGS-to-Revenue Chart

Hisar Metal Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.88

0.85

0.77

Hisar Metal Industries 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															0.78	0.78	0.79	0.73	0.76

Hisar Metal Industries COGS-to-Revenue Calculation

Hisar Metal Industries's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1854.2	/	2414.3
	=	0.77

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	463.4	/	607.7
	=	0.76

Hisar Metal Industries (NSE:HISARMETAL) COGS-to-Revenue Explanation

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

Hisar Metal Industries'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	-	463.4 / 607.7
	=	23.75 %

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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Hisar Metal Industries (NSE:HISARMETAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hisar Metal Industries Ltd (NSE:HISARMETAL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

590018:India

Address

Delhi Road, Near Industrial Development Colony, Hisar, HR, IND, 125 005

Website

https://www.hisarmetal.com

Hisar Metal Industries Ltd is an Indian-based company, operating in the steel business. It is involved in the manufacturing of cold-rolled stainless steel strips and stainless steel tubes and pipes. The company generates maximum revenue from the sale of Cold Rolled Stainless Steel strips.

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