Kumho Petro Chemical (XKRX:011780) COGS-to-Revenue : 0.91 (As of Mar. 2024)

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What is Kumho Petro Chemical COGS-to-Revenue?

Kumho Petro Chemical's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩1,518,800 Mil. Its Revenue for the three months ended in Mar. 2024 was ₩1,667,489 Mil.

Kumho Petro Chemical's COGS to Revenue for the three months ended in Mar. 2024 was 0.91.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kumho Petro Chemical's Gross Margin % for the three months ended in Mar. 2024 was 8.92%.

Kumho Petro Chemical COGS-to-Revenue Historical Data

The historical data trend for Kumho Petro Chemical'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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Kumho Petro Chemical COGS-to-Revenue Chart

Kumho Petro Chemical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.89

0.80

0.68

0.82

0.90

Kumho Petro Chemical 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															0.89	0.89	0.90	0.92	0.91

Kumho Petro Chemical COGS-to-Revenue Calculation

Kumho Petro Chemical's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5676662.263	/	6322528.188
	=	0.90

Kumho Petro Chemical's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1518800.448	/	1667489.494
	=	0.91

Kumho Petro Chemical (XKRX:011780) COGS-to-Revenue Explanation

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

Kumho Petro Chemical'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	-	1518800.448 / 1667489.494
	=	8.92 %

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.

Kumho Petro Chemical COGS-to-Revenue Related Terms

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Kumho Petro Chemical (XKRX:011780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kumho Petro Chemical Ltd (XKRX:011780) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

011785:Korea

Address

21/24F Kumho Asiana Main Tower 115, Sinmunno 1-ga, Jongno-gu, Seoul, KOR, 110-061

Website

http://www.kkpc.com

Kumho Petro Chemical Ltd is a manufacturer of synthetic rubbers, and does business in synthetic resins, specialty chemicals, electronic materials, nanocarbon, energy, and building materials. The synthetic rubber business constitutes the largest portion of the company's revenue, and its products are applied to tires, shoes, auto parts, and other industrial applications. Kumho's main customers, under the rubber segment, are global tire manufacturers. Second to the rubber business in revenue, the synthetic resins business manufactures products used in auto parts, home appliances, beverage containers, and a host of other products. The company's revenue is largely derived from international exports, but the remainder of sales are executed in Korea.

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