Solid Automotive Bhd (XKLS:5242) COGS-to-Revenue : 0.79 (As of Jan. 2024)

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What is Solid Automotive Bhd COGS-to-Revenue?

Solid Automotive Bhd's Cost of Goods Sold for the three months ended in Jan. 2024 was RM66.7 Mil. Its Revenue for the three months ended in Jan. 2024 was RM84.7 Mil.

Solid Automotive Bhd's COGS to Revenue for the three months ended in Jan. 2024 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Solid Automotive Bhd's Gross Margin % for the three months ended in Jan. 2024 was 21.23%.

Solid Automotive Bhd COGS-to-Revenue Historical Data

The historical data trend for Solid Automotive 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.

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Solid Automotive Bhd COGS-to-Revenue Chart

Solid Automotive Bhd Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

COGS-to-Revenue

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0.74

0.77

0.78

Solid Automotive Bhd Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
COGS-to-Revenue	Get a 7-Day Free Trial															0.78	0.78	0.77	0.79	0.79

Solid Automotive Bhd COGS-to-Revenue Calculation

Solid Automotive Bhd's COGS to Revenue for the fiscal year that ended in Apr. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	270.339	/	346.779
	=	0.78

Solid Automotive Bhd's COGS to Revenue for the quarter that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	66.708	/	84.683
	=	0.79

Solid Automotive Bhd (XKLS:5242) COGS-to-Revenue Explanation

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

Solid Automotive Bhd's Gross Margin % for the three months ended in Jan. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	66.708 / 84.683
	=	21.23 %

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.

Solid Automotive Bhd COGS-to-Revenue Related Terms

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Solid Automotive Bhd (XKLS:5242) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Solid Automotive Bhd (XKLS:5242) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

PLO 436, Jalan Gangsa, Kawasan Perindustrian Pasir Gudang, Pasir Gudang, JHR, MYS, 81700

Website

https://www.solidautomotive.com

Solid Automotive Bhd is engaged in the business of investment holding and the provision of management services. The company's operating segment includes Automotive electrical parts; Automotive engine and mechanical parts and Others. It generates maximum revenue from the Automotive electrical parts segment. Automotive electrical parts segment is involved in the trading and distribution of automotive batteries, lubricants, industrial supplies, electrical parts, and components. Geographically, it derives a majority of revenue from Malaysia and also has a presence in the Middle East and Africa and Other Countries.

Solid Automotive Bhd (XKLS:5242) Headlines

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