Venus Pipes & Tubes (NSE:VENUSPIPES) COGS-to-Revenue : 0.67 (As of Dec. 2024)

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What is Venus Pipes & Tubes COGS-to-Revenue?

Venus Pipes & Tubes's Cost of Goods Sold for the three months ended in Dec. 2024 was ₹1,553 Mil. Its Revenue for the three months ended in Dec. 2024 was ₹2,313 Mil.

Venus Pipes & Tubes's COGS to Revenue for the three months ended in Dec. 2024 was 0.67.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Venus Pipes & Tubes's Gross Margin % for the three months ended in Dec. 2024 was 32.85%.

Venus Pipes & Tubes COGS-to-Revenue Historical Data

The historical data trend for Venus Pipes & 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.

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Venus Pipes & Tubes COGS-to-Revenue Chart

Venus Pipes & Tubes Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.88

0.85

0.82

0.81

0.73

Venus Pipes & Tubes Quarterly Data
	Mar19	Mar20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
COGS-to-Revenue	Get a 7-Day Free Trial													0.71	0.74	0.67	0.66	0.67

Venus Pipes & Tubes COGS-to-Revenue Calculation

Venus Pipes & 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
	=	5752.93	/	7847.3
	=	0.73

Venus Pipes & Tubes's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1553.13	/	2313.03
	=	0.67

Venus Pipes & Tubes (NSE:VENUSPIPES) COGS-to-Revenue Explanation

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

Venus Pipes & Tubes's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1553.13 / 2313.03
	=	32.85 %

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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Venus Pipes & Tubes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Venus Pipes & Tubes Ltd (NSE:VENUSPIPES) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

543528:India

Address

Sector 1/A, Plot no. 275, Tripada Complex, Near Mamlatdar Office, Gandhidham, GJ, IND, 370201

Website

https://www.venuspipes.com

Venus Pipes & Tubes Ltd is a manufacturer and exporter of stainless steel pipes and tubes. It manufactures stainless steel tube products in two broad categories namely seamless tubes/pipes and welded tubes/pipes under which five categories of products are manufactured namely, stainless steel high precision and heat exchanger tubes, stainless steel hydraulic and instrumentation tubes, stainless steel seamless pipes, stainless steel welded pipes and stainless steel lsaw pipes. The company distributes its products through direct supply, traders, stockists, and selected marketing representatives. Geographically, it derives a majority of its revenue from India and also engages in exporting its products to other countries.

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