Nippon Gas Co (TSE:8174) COGS-to-Revenue : 0.61 (As of Mar. 2024)

View and export this data going back to 1973. Start your Free Trial

What is Nippon Gas Co COGS-to-Revenue?

Nippon Gas Co's Cost of Goods Sold for the three months ended in Mar. 2024 was 円36,664 Mil. Its Revenue for the three months ended in Mar. 2024 was 円59,691 Mil.

Nippon Gas Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.61.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Nippon Gas Co's Gross Margin % for the three months ended in Mar. 2024 was 38.58%.

Nippon Gas Co COGS-to-Revenue Historical Data

The historical data trend for Nippon Gas 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.

* Premium members only.

Nippon Gas Co COGS-to-Revenue Chart

Nippon Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

Get a 7-Day Free Trial

0.52

0.53

0.59

0.66

0.62

Nippon Gas 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															0.66	0.63	0.65	0.60	0.61

Nippon Gas Co COGS-to-Revenue Calculation

Nippon Gas 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
	=	120747	/	194364
	=	0.62

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	36664	/	59691
	=	0.61

Nippon Gas Co (TSE:8174) COGS-to-Revenue Explanation

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

Nippon Gas 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	-	36664 / 59691
	=	38.58 %

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.

Nippon Gas Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Nippon Gas Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Nippon Gas Co (TSE:8174) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Nippon Gas Co Ltd (TSE:8174) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

NG0:Germany

Address

10, No. 7, No. 2-chome, Tokyo, JPN, 104-8540

Website

http://www.nichigas.co.jp

Nippon Gas Co Ltd, or Nichigas, is a Japanese supplier of gas primarily in the Kanto region of Japan. The company segments its operations into LP Gas, City Gas, Electricity, and Life Products Businesses. LP Gas and City Gas are Nichigas' core segments, which engage in the distribution and sale of liquefied petroleum gas, or LPG, and city gas for consumer usage. The company's total revenue is split between sales of LPG and city gas, with LPG generating slightly more. Roughly half of Nichigas' customers are residential consumers in terms of sales volume, while the other half are commercial entities. With its subsidiaries, the company is also involved in the distribution and sale of liquefied natural gas, high-pressure gas, and gas appliances.

Nippon Gas Co (TSE:8174) Headlines

No Headlines