Microtips Technology (ROCO:3285) COGS-to-Revenue : 0.74 (As of Jun. 2024)

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What is Microtips Technology COGS-to-Revenue?

Microtips Technology's Cost of Goods Sold for the three months ended in Jun. 2024 was NT$164.9 Mil. Its Revenue for the three months ended in Jun. 2024 was NT$223.9 Mil.

Microtips Technology's COGS to Revenue for the three months ended in Jun. 2024 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Microtips Technology's Gross Margin % for the three months ended in Jun. 2024 was 26.36%.

Microtips Technology COGS-to-Revenue Historical Data

The historical data trend for Microtips Technology'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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Microtips Technology COGS-to-Revenue Chart

Microtips Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.82

0.79

0.84

0.85

0.76

Microtips Technology Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial															0.81	0.74	0.69	0.77	0.74

Microtips Technology COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	566.854	/	745.37
	=	0.76

Microtips Technology's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	164.879	/	223.91
	=	0.74

Microtips Technology (ROCO:3285) COGS-to-Revenue Explanation

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

Microtips Technology's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	164.879 / 223.91
	=	26.36 %

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.

Microtips Technology COGS-to-Revenue Related Terms

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Microtips Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Microtips Technology Inc (ROCO:3285) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

12F., No.31, Lane 169, Kangning Street, Xizhi District, New Taipei City, TWN

Website

http://www.microtips.com.tw

Microtips Technology Inc is engaged in the manufacture and sales of electronic components, electrical appliances, and telecommunications equipment. Its products include liquid crystal display modules (LCMs), fingerprint identification modules, digital audio, and video multimedia products, portable digital cameras, wireless charging products, and others.

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