Polaris AI (XKRX:039980) COGS-to-Revenue : 0.63 (As of Jun. 2024)

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What is Polaris AI COGS-to-Revenue?

Polaris AI's Cost of Goods Sold for the three months ended in Jun. 2024 was ₩7,731 Mil. Its Revenue for the three months ended in Jun. 2024 was ₩12,240 Mil.

Polaris AI's COGS to Revenue for the three months ended in Jun. 2024 was 0.63.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Polaris AI's Gross Margin % for the three months ended in Jun. 2024 was 36.84%.

Polaris AI COGS-to-Revenue Historical Data

The historical data trend for Polaris AI'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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Polaris AI COGS-to-Revenue Chart

Polaris AI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.64

0.84

0.81

0.68

Polaris AI Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial															0.64	0.63	0.75	0.67	0.63

Polaris AI COGS-to-Revenue Calculation

Polaris AI's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	40686.412	/	59435.98
	=	0.68

Polaris AI's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7730.505	/	12240.363
	=	0.63

Polaris AI (XKRX:039980) COGS-to-Revenue Explanation

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

Polaris AI's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	7730.505 / 12240.363
	=	36.84 %

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.

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Polaris AI Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Polaris AI Corp (XKRX:039980) » Definitions » COGS-to-Revenue

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Address

KIRA Building, 2 and 6 Floors, 317, Hyoryeon-ro, Seocho-gu, Seoul, KOR, 137-877

Website

http://www.leenos.co.kr

Leenos Corp engages in the service, manufacturing, construction, and wholesale/retail businesses in South Korea. It offers IT solutions, including integrated control systems, intelligent transport systems, and Internet of Things; system integration solutions, such as system construction, IT consulting, and integrated maintenance services; IT services comprising financial IT and radio communication services; and radio communication solutions, such as disaster safety and network train radio communications.

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