GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rainbow Digital Commercial Co Ltd (SZSE:002419) » Definitions » COGS-to-Revenue

Rainbow Digital Commercial Co (SZSE:002419) COGS-to-Revenue : 0.63 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Rainbow Digital Commercial Co COGS-to-Revenue?

Rainbow Digital Commercial Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥2,106 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥3,340 Mil.

Rainbow Digital Commercial Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.63.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Rainbow Digital Commercial Co's Gross Margin % for the three months ended in Mar. 2024 was 36.95%.


Rainbow Digital Commercial Co COGS-to-Revenue Historical Data

The historical data trend for Rainbow Digital Commercial 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.
* 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.

Rainbow Digital Commercial Co COGS-to-Revenue Chart

Rainbow Digital Commercial Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.57 0.61 0.63 0.62

Rainbow Digital Commercial Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.61 0.63 0.59 0.63

Rainbow Digital Commercial Co COGS-to-Revenue Calculation

Rainbow Digital Commercial Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=7461.666 / 12086.468
=0.62

Rainbow Digital Commercial Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2106.108 / 3340.256
=0.63

* 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.


Rainbow Digital Commercial Co  (SZSE:002419) COGS-to-Revenue Explanation

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

Rainbow Digital Commercial Co'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 - 2106.108 / 3340.256
=36.95 %

* 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.

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.


Rainbow Digital Commercial Co COGS-to-Revenue Related Terms

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


Rainbow Digital Commercial Co (SZSE:002419) Business Description

Traded in Other Exchanges
N/A
Address
No. 3019, Central Road (Shenzhen Bay Section), 9th-14th Floor, 17th-20th Floor, Tianhong Building, Nanshan District, Guangdong Province, Shenzhen, CHN, 518026
Rainbow Digital Commercial Co Ltd operates a platform-based business with department stores, shopping malls and vertical business with supermarkets, convenience stores. It sells daily necessities, textiles, clothing, cosmetics, food, salt, beverages, health foods, agricultural and sideline products, household appliances and electronic products, culture, sports goods and equipment, building materials and chemical products.
Executives
Chen Zhi Xiang Supervisors
Jiang Yong Executives
Chen Yu Supervisors
Wu Jian Qiong Executives
Hou Yi Executives
Wan Ying Secretary Dong
Zhang Xu Hua Executives
Zheng Man Executives
Song Yao Ming Executives
Sun Jin Cheng Executives
Gao Shu Lin Directors, executives

Rainbow Digital Commercial Co (SZSE:002419) Headlines

No Headlines