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Avcon Information Technology Co (SZSE:300074) COGS-to-Revenue : 0.50 (As of Mar. 2024)


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What is Avcon Information Technology Co COGS-to-Revenue?

Avcon Information Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥18.1 Mil. Its Revenue for the three months ended in Mar. 2024 was ¥35.8 Mil.

Avcon Information Technology Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.50.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Avcon Information Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 49.56%.

Avcon Information Technology Co COGS-to-Revenue Historical Data

The historical data trend for Avcon Information Technology 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.

Avcon Information Technology Co COGS-to-Revenue Chart

Avcon Information Technology 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 0.61 0.57 0.57 0.61 0.52

Avcon Information Technology 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 0.50 0.61 0.52 0.49 0.50

Avcon Information Technology Co COGS-to-Revenue Calculation

Avcon Information Technology 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
=278.767 / 531.471
=0.52

Avcon Information Technology Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=18.059 / 35.8
=0.50

* 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.

Avcon Information Technology Co  (SZSE:300074) COGS-to-Revenue Explanation

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

Avcon Information Technology 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 - 18.059 / 35.8
=49.56 %

* 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.

Avcon Information Technology Co COGS-to-Revenue Related Terms

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Avcon Information Technology Co (SZSE:300074) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Avcon Information Technology Co Ltd (SZSE:300074) » Definitions » COGS-to-Revenue
Comparable Companies
SZSE:300710 SZSE:002231 SZSE:002316 SHSE:603042 SHSE:600355 SZSE:300264 SHSE:688175 SZSE:000586 SZSE:002313 SZSE:300211 CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345
Traded in Other Exchanges
N/A
Address
No. 69, Lane 1688, North Guoquan Road, Building A6, Wangu Science and Technology Park, Yangpu District, Shanghai, CHN, 200433
Website
http://www.avcon.com.cn
Avcon Information Technology Co Ltd designs and sells audio and video communication products and image intelligent integrated applications. It provides users with visual application solutions such as video conferencing, emergency command, smart cities security monitoring, safe cities, intelligent transportation, online education, and video call centers.
Executives
Li Hui Secretary, Director
Tian Tian Supervisors
Cheng Lin Fang Executives
Fang Yong Xin Director
Guo Feng Directors, executives
Chen Zhuang Independent director
Tang Xiao Yun Secretary Dong
Wu Biao Executives
Huang Qiao Lian Securities Affairs Representative
Xi Feng Wei Directors, executives
Liu Xiao Lu Director
Liu Yan Director
Zhou Xiao Chuan Supervisors
Liu Xiao Dan Director
Li Ji Chun Supervisors

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