Tex Year Industries Co (TPE:4720) COGS-to-Revenue : 0.76 (As of Mar. 2024)

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What is Tex Year Industries Co COGS-to-Revenue?

Tex Year Industries Co's Cost of Goods Sold for the three months ended in Mar. 2024 was NT$655 Mil. Its Revenue for the three months ended in Mar. 2024 was NT$861 Mil.

Tex Year Industries Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tex Year Industries Co's Gross Margin % for the three months ended in Mar. 2024 was 23.94%.

Tex Year Industries Co COGS-to-Revenue Historical Data

The historical data trend for Tex Year Industries 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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Tex Year Industries Co COGS-to-Revenue Chart

Tex Year Industries Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

COGS-to-Revenue

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0.81

0.83

0.80

0.78

0.82

Tex Year Industries Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.82	0.81	0.82	0.78	0.76

Tex Year Industries Co COGS-to-Revenue Calculation

Tex Year Industries Co's COGS to Revenue for the fiscal year that ended in Dec. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2904.273	/	3550.382
	=	0.82

Tex Year Industries Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	655.214	/	861.391
	=	0.76

Tex Year Industries Co (TPE:4720) COGS-to-Revenue Explanation

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

Tex Year Industries 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	-	655.214 / 861.391
	=	23.94 %

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.

Tex Year Industries Co COGS-to-Revenue Related Terms

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Tex Year Industries Co (TPE:4720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tex Year Industries Co Ltd (TPE:4720) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.9, Wuquan 6th Road, Wugu District, New Taipei, TWN, 248

Website

https://www.texyear.com

Tex Year Industries Co Ltd is the company whose main business items are the manufacturing and trading of glues, adhesives, hot-melt glues, and medical equipment. The company's product pipeline includes hot melt adhesives, dental supplies, visible light curing glue, Infection control, vibration equipment, and others. The company's geographical reporting segments are Taiwan, Asia, Europe, America, and others.

Tex Year Industries Co (TPE:4720) Headlines

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