New Best Wire Industrial Co (ROCO:5013) COGS-to-Revenue : 0.89 (As of Dec. 2024)

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What is New Best Wire Industrial Co COGS-to-Revenue?

New Best Wire Industrial Co's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$1,916 Mil. Its Revenue for the three months ended in Dec. 2024 was NT$2,152 Mil.

New Best Wire Industrial Co's COGS to Revenue for the three months ended in Dec. 2024 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. New Best Wire Industrial Co's Gross Margin % for the three months ended in Dec. 2024 was 11.00%.

New Best Wire Industrial Co COGS-to-Revenue Historical Data

The historical data trend for New Best Wire Industrial Co'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.
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New Best Wire Industrial Co COGS-to-Revenue Chart

New Best Wire Industrial Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

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0.87

0.83

0.84

0.86

0.89

New Best Wire Industrial Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	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															0.86	0.89	0.89	0.88	0.89

New Best Wire Industrial Co COGS-to-Revenue Calculation

New Best Wire Industrial Co's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7027.699	/	7939.844
	=	0.89

New Best Wire Industrial Co's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1915.613	/	2152.371
	=	0.89

New Best Wire Industrial Co (ROCO:5013) COGS-to-Revenue Explanation

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

New Best Wire Industrial Co'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	-	1915.613 / 2152.371
	=	11.00 %

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.

New Best Wire Industrial Co COGS-to-Revenue Related Terms

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New Best Wire Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » New Best Wire Industrial Co Ltd (ROCO:5013) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 12-19, Lai Guan Liau, Chia Lie Cheng, 722 Jiali District, Tainan, TWN

Website

https://www.newbest.com.tw

New Best Wire Industrial Co Ltd engages in wire and electro-polishing (EP) Stainless Steel Pipe businesses in Taiwan. Its wire business provides stainless, carbon, & wire alloy steel, wires electrolytic polishing tubes and others. Its wire products are used for cold heading, cold forging, & hardware use, automobile components, semiconductors, biological products, tools, chemical products, food industry and others. The company operates in Taiwan and China.

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