Akebono Brake Industry Co (TSE:7238) COGS-to-Revenue : 0.87 (As of Mar. 2024)

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What is Akebono Brake Industry Co COGS-to-Revenue?

Akebono Brake Industry Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円36,136 Mil. Its Revenue for the three months ended in Mar. 2024 was 円41,325 Mil.

Akebono Brake Industry Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.87.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Akebono Brake Industry Co's Gross Margin % for the three months ended in Mar. 2024 was 12.56%.

Akebono Brake Industry Co COGS-to-Revenue Historical Data

The historical data trend for Akebono Brake Industry 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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Akebono Brake Industry Co COGS-to-Revenue Chart

Akebono Brake Industry Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.89

0.91

0.87

0.91

Akebono Brake Industry 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															0.91	0.93	0.92	0.90	0.87

Akebono Brake Industry Co COGS-to-Revenue Calculation

Akebono Brake Industry Co's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	150522	/	166301
	=	0.91

Akebono Brake Industry Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	36136	/	41325
	=	0.87

Akebono Brake Industry Co (TSE:7238) COGS-to-Revenue Explanation

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

Akebono Brake Industry 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	-	36136 / 41325
	=	12.56 %

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.

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Akebono Brake Industry Co (TSE:7238) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Akebono Brake Industry Co Ltd (TSE:7238) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

AKBIF:USA

Address

19-5 Nihonbashi Koami-cho, Chuo-ku, Tokyo, JPN, 103-8534

Website

http://www.akebono-brake.com

Akebono Brake Industry Co Ltd engages in the manufacture and sale of brakes and its components. Its brakes are widely used in various applications, such as passenger and commercial vehicles, motorcycles, rail vehicles and industrial machinery. The firm's product portfolio consists of automobile brakes, motorcycle brakes, rolling stock brakes, industrial machinery brakes, sensors, and concept brake systems.

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