Care Twentyone (TSE:2373) COGS-to-Revenue : 0.79 (As of Jan. 2024)

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What is Care Twentyone COGS-to-Revenue?

Care Twentyone's Cost of Goods Sold for the three months ended in Jan. 2024 was 円8,624 Mil. Its Revenue for the three months ended in Jan. 2024 was 円10,870 Mil.

Care Twentyone's COGS to Revenue for the three months ended in Jan. 2024 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Care Twentyone's Gross Margin % for the three months ended in Jan. 2024 was 20.66%.

Care Twentyone COGS-to-Revenue Historical Data

The historical data trend for Care Twentyone'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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Care Twentyone COGS-to-Revenue Chart

Care Twentyone Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

COGS-to-Revenue

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0.78

0.77

0.76

0.78

Care Twentyone Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
COGS-to-Revenue	Get a 7-Day Free Trial															0.78	0.79	0.77	0.78	0.79

Care Twentyone COGS-to-Revenue Calculation

Care Twentyone's COGS to Revenue for the fiscal year that ended in Oct. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	32087.321	/	41098.987
	=	0.78

Care Twentyone's COGS to Revenue for the quarter that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8624.098	/	10870.243
	=	0.79

Care Twentyone (TSE:2373) COGS-to-Revenue Explanation

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

Care Twentyone's Gross Margin % for the three months ended in Jan. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	8624.098 / 10870.243
	=	20.66 %

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.

Care Twentyone COGS-to-Revenue Related Terms

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Care Twentyone (TSE:2373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Care Twentyone Corp (TSE:2373) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

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Address

Dojima Kita-ku, Kintetsu Dojima building, 10th floor, Osaka, JPN, 530-0003

Website

http://www.care21.co.jp

Care Twentyone Corp provides nursing care services. It also leases and sells nursing equipment as well as operates a nursing home for the elder people. It also provides daycare homes, nursing homes, and group homes. It is also engaged in small-scale multifunctional home care, welfare equipment sales, rental and housing repair and light work contracting business.

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