WANG & LEE Group (WANG & LEE Group) COGS-to-Revenue : 0.59 (As of Dec. 2023)

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What is WANG & LEE Group COGS-to-Revenue?

WANG & LEE Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $3.20 Mil. Its Revenue for the six months ended in Dec. 2023 was $5.39 Mil.

WANG & LEE Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.59.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. WANG & LEE Group's Gross Margin % for the six months ended in Dec. 2023 was 40.60%.

WANG & LEE Group COGS-to-Revenue Historical Data

The historical data trend for WANG & LEE Group'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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WANG & LEE Group COGS-to-Revenue Chart

WANG & LEE Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.82

0.79

0.81

0.64

WANG & LEE Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial			0.79	0.70	0.86	0.82	0.59

WANG & LEE Group COGS-to-Revenue Calculation

WANG & LEE Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.385	/	6.826
	=	0.64

WANG & LEE Group's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.201	/	5.389
	=	0.59

WANG & LEE Group (NAS:WLGS) COGS-to-Revenue Explanation

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

WANG & LEE Group's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3.201 / 5.389
	=	40.60 %

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.

WANG & LEE Group COGS-to-Revenue Related Terms

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WANG & LEE Group (WANG & LEE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WANG & LEE Group Inc (NAS:WLGS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Tai Yip Street, 5th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.wangnlee.com.hk

WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED (WLHK). WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, and water supply and sewage disposal systems.

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