Thermax (NSE:THERMAX) COGS-to-Revenue : 0.57 (As of Mar. 2024)

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What is Thermax COGS-to-Revenue?

Thermax's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹15,736 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹27,637 Mil.

Thermax's COGS to Revenue for the three months ended in Mar. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Thermax's Gross Margin % for the three months ended in Mar. 2024 was 43.06%.

Thermax COGS-to-Revenue Historical Data

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

Thermax Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.69

0.68

0.71

0.57

0.56

Thermax 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															0.55	0.56	0.56	0.55	0.57

Thermax COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	52195.6	/	93234.6
	=	0.56

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	15736.2	/	27636.8
	=	0.57

Thermax (NSE:THERMAX) COGS-to-Revenue Explanation

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

Thermax'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	-	15736.2 / 27636.8
	=	43.06 %

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.

Thermax COGS-to-Revenue Related Terms

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Thermax (NSE:THERMAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thermax Ltd (NSE:THERMAX) » Definitions » COGS-to-Revenue

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500411:India

Address

14, Mumbai-Pune Road, Thermax House, Wakdewadi, Pune, MH, IND, 411 003

Website

http://www.thermaxglobal.com

Thermax Ltd is a company that provides engineering solutions. The company operates through three segments based on product type. The energy segment, which accounts for the company's sales, supplies boilers, industrial and commercial cooling machines, turnkey power plants, and photovoltaic and thermal solutions. The environment segment provides products and services for infrastructure that controls air pollution and wastewater. The chemical segment supplies chemicals for boilers, resins, paper production, construction, and oil fields. The company generates more than half of its revenue from India.

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