ME2ON Co (XKRX:201490) COGS-to-Revenue : 0.48 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is ME2ON Co COGS-to-Revenue?

ME2ON Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩12,171 Mil. Its Revenue for the three months ended in Mar. 2024 was ₩25,417 Mil.

ME2ON Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.48.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ME2ON Co's Gross Margin % for the three months ended in Mar. 2024 was 52.12%.

ME2ON Co COGS-to-Revenue Historical Data

The historical data trend for ME2ON Co'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.

ME2ON Co COGS-to-Revenue Chart

ME2ON Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.30

0.28

0.33

0.35

0.40

ME2ON Co 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															0.37	0.36	0.38	0.49	0.48

ME2ON Co COGS-to-Revenue Calculation

ME2ON Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	43547.173	/	108995.415
	=	0.40

ME2ON Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12171.01	/	25417.257
	=	0.48

ME2ON Co (XKRX:201490) COGS-to-Revenue Explanation

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

ME2ON Co'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	-	12171.01 / 25417.257
	=	52.12 %

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.

ME2ON Co COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of ME2ON Co's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

ME2ON Co (XKRX:201490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ME2ON Co Ltd (XKRX:201490) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

6F The Pinnacle Gangnam, 343, Hakdong-ro, Gangnam-gu, Seoul, KOR, 06060

Website

http://www.me2on.com

ME2ON Co Ltd is a social casino game developer. It offers an integrated online social poker game platform, fulpot poker, and an integrated mobile social casino game platform, full house casino.

ME2ON Co (XKRX:201490) Headlines

No Headlines