Correc Holdings (TSE:6578) COGS-to-Revenue : 0.32 (As of Aug. 2024)

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What is Correc Holdings COGS-to-Revenue?

Correc Holdings's Cost of Goods Sold for the three months ended in Aug. 2024 was 円522 Mil. Its Revenue for the three months ended in Aug. 2024 was 円1,651 Mil.

Correc Holdings's COGS to Revenue for the three months ended in Aug. 2024 was 0.32.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Correc Holdings's Gross Margin % for the three months ended in Aug. 2024 was 68.36%.

Correc Holdings COGS-to-Revenue Historical Data

The historical data trend for Correc Holdings'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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Correc Holdings COGS-to-Revenue Chart

Correc Holdings Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

COGS-to-Revenue

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0.01

0.03

0.06

0.12

Correc Holdings Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
COGS-to-Revenue	Get a 7-Day Free Trial															0.11	0.13	0.16	0.14	0.32

Correc Holdings COGS-to-Revenue Calculation

Correc Holdings's COGS to Revenue for the fiscal year that ended in Feb. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	476.557	/	3938.768
	=	0.12

Correc Holdings's COGS to Revenue for the quarter that ended in Aug. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	522.265	/	1650.774
	=	0.32

Correc Holdings (TSE:6578) COGS-to-Revenue Explanation

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

Correc Holdings's Gross Margin % for the three months ended in Aug. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	522.265 / 1650.774
	=	68.36 %

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.

Correc Holdings COGS-to-Revenue Related Terms

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Correc Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Correc Holdings Inc (TSE:6578) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Minamiikebukuro Park Building, 2-32-4 Minamiikebukuro, Toshima-ku, Tokyo, JPN, 171-0022

Website

https://www.correc.co.jp

Correc Holdings Inc is engaged in multiple business: Digital media business, Sales promotion business, Real estate brokerage, buying and selling, and mediation business and Recruitment support/human resources service business.

Correc Holdings Headlines

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