Surani Steel Tubes (NSE:SURANI) COGS-to-Revenue : 0.96 (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Surani Steel Tubes COGS-to-Revenue?

Surani Steel Tubes's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹866 Mil. Its Revenue for the six months ended in Mar. 2024 was ₹905 Mil.

Surani Steel Tubes's COGS to Revenue for the six months ended in Mar. 2024 was 0.96.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Surani Steel Tubes's Gross Margin % for the six months ended in Mar. 2024 was 4.34%.

Surani Steel Tubes COGS-to-Revenue Historical Data

The historical data trend for Surani Steel Tubes'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.

Surani Steel Tubes COGS-to-Revenue Chart

Surani Steel Tubes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

Get a 7-Day Free Trial

0.99

0.92

0.96

0.97

Surani Steel Tubes Semi-Annual Data
	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial											-	1.03	0.91	0.99	0.96

Surani Steel Tubes COGS-to-Revenue Calculation

Surani Steel Tubes's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1504.274	/	1551.354
	=	0.97

Surani Steel Tubes's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	865.963	/	905.215
	=	0.96

Surani Steel Tubes (NSE:SURANI) COGS-to-Revenue Explanation

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

Surani Steel Tubes's Gross Margin % for the six months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	865.963 / 905.215
	=	4.34 %

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.

Surani Steel Tubes COGS-to-Revenue Related Terms

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

Surani Steel Tubes (NSE:SURANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Surani Steel Tubes Ltd (NSE:SURANI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bayad Road, Sr. No. 110,115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315

Website

https://www.suranisteel.com

Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and Brochures. Geographically, it operates only in India.

Surani Steel Tubes (NSE:SURANI) Headlines

No Headlines