Kornic Automation Co (XKRX:391710) COGS-to-Revenue : 0.86 (As of Mar. 2024)

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What is Kornic Automation Co COGS-to-Revenue?

Kornic Automation Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ₩1,808 Mil. Its Revenue for the three months ended in Mar. 2024 was ₩2,095 Mil.

Kornic Automation Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.86.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kornic Automation Co's Gross Margin % for the three months ended in Mar. 2024 was 13.71%.

Kornic Automation Co COGS-to-Revenue Historical Data

The historical data trend for Kornic Automation 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.

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Kornic Automation Co COGS-to-Revenue Chart

Kornic Automation Co Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

0.54

0.60

0.63

Kornic Automation Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial							0.59	0.75	0.51	0.65	0.86

Kornic Automation Co COGS-to-Revenue Calculation

Kornic Automation 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
	=	17334.944	/	27347.504
	=	0.63

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1808.06	/	2095.234
	=	0.86

Kornic Automation Co (XKRX:391710) COGS-to-Revenue Explanation

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

Kornic Automation 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	-	1808.06 / 2095.234
	=	13.71 %

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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Kornic Automation Co (XKRX:391710) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Kornic Automation Co Ltd (XKRX:391710) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

23-12, Dongtan Sandan 9-gil, 8th Floor, Gyeonggido, Hwaseong-si, KOR

Website

http://www.kornic.co.kr

Kornic Automation Co Ltd is engaged in providing localized software for Semiconductor and Display equipment control solutions.

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