Chieftek Precision Co (TPE:1597) COGS-to-Revenue : 0.60 (As of Mar. 2024)

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What is Chieftek Precision Co COGS-to-Revenue?

Chieftek Precision Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$153 Mil. Its Revenue for the three months ended in Mar. 2024 was NT$254 Mil.

Chieftek Precision Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.60.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Chieftek Precision Co's Gross Margin % for the three months ended in Mar. 2024 was 39.70%.

Chieftek Precision Co COGS-to-Revenue Historical Data

The historical data trend for Chieftek Precision 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.

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Chieftek Precision Co COGS-to-Revenue Chart

Chieftek Precision Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.55

0.59

0.58

0.57

0.56

Chieftek Precision 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															0.57	0.53	0.58	0.58	0.60

Chieftek Precision Co COGS-to-Revenue Calculation

Chieftek Precision 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
	=	606.107	/	1074.754
	=	0.56

Chieftek Precision Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	153.182	/	254.039
	=	0.60

Chieftek Precision Co (TPE:1597) COGS-to-Revenue Explanation

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

Chieftek Precision 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	-	153.182 / 254.039
	=	39.70 %

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.

Chieftek Precision Co COGS-to-Revenue Related Terms

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Chieftek Precision Co (TPE:1597) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chieftek Precision Co Ltd (TPE:1597) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 3, Dali 1st Road, Sourthern taiwan Science Park, Xinshi District, Tainan, TWN, 741-45

Website

http://www.chieftek.com

Chieftek Precision Co Ltd engages in the manufacture and sale of the ball and roller bearings The Company engages in the research, development, manufacture and sales of miniature linear guides, miniature ball screws, miniature linear modules, electro-optics equipment and semiconductor process equipment. It involves in manufacture of miniature linear motion components. Its products include Standard 4-Row Ball Bearing Linear Guide, Wide 4-Row Ball Bearing Linear Guide, Miniature Linear Guide, ST Miniature Stroke Slide Series, and Ironless Linear Motor. Its products are applied in the industries requiring precise positioning applications, such as precision machinery, automation equipment, various power transmission applications, semiconductor manufacturing equipment, and medical equipment.

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