Go Innovate Asia Bhd (XKLS:03028) COGS-to-Revenue : 0.99 (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Go Innovate Asia Bhd COGS-to-Revenue?

Go Innovate Asia Bhd's Cost of Goods Sold for the six months ended in Dec. 2024 was RM790 Mil. Its Revenue for the six months ended in Dec. 2024 was RM801 Mil.

Go Innovate Asia Bhd's COGS to Revenue for the six months ended in Dec. 2024 was 0.99.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Go Innovate Asia Bhd's Gross Margin % for the six months ended in Dec. 2024 was 1.36%.

Go Innovate Asia Bhd COGS-to-Revenue Historical Data

The historical data trend for Go Innovate Asia Bhd'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.

Go Innovate Asia Bhd COGS-to-Revenue Chart

Go Innovate Asia Bhd Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

Get a 7-Day Free Trial

0.99

Go Innovate Asia Bhd Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
COGS-to-Revenue	Get a 7-Day Free Trial									1.00	0.99	0.99	0.99	0.99

Go Innovate Asia Bhd COGS-to-Revenue Calculation

Go Innovate Asia Bhd's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1652.884	/	1675.952
	=	0.99

Go Innovate Asia Bhd's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	789.702	/	800.564
	=	0.99

Go Innovate Asia Bhd (XKLS:03028) COGS-to-Revenue Explanation

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

Go Innovate Asia Bhd's Gross Margin % for the six months ended in Dec. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	789.702 / 800.564
	=	1.36 %

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.

Go Innovate Asia Bhd COGS-to-Revenue Related Terms

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

Go Innovate Asia Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Go Innovate Asia Bhd (XKLS:03028) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.19-1, Jalan USJ 10/1D, Subang Jaya, Kuala Lumpur, SGR, MYS, 47620

Website

https://www.ace2u.com

Go Innovate Asia Bhd Formerly Ace Innovate Asia Bhd is a gold bullion trader based in Malaysia. The company trades in physical gold products such as scrap gold bars, cast gold bars and minted gold bars. It is also involved in assaying services as well as participate as a market maker for Bursa Malaysia Derivatives Gold Futures Contract and PT Bursa Komoditi dan Derivatif Indonesia. Its segments include Bullion trading of physical gold products and Provision of related products and services.

Go Innovate Asia Bhd Headlines

No Headlines