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COTS Technology Co (XKRX:448710) Gross Margin % : 22.69% (As of Sep. 2024)


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What is COTS Technology Co Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. COTS Technology Co's Gross Profit for the three months ended in Sep. 2024 was ₩4,767 Mil. COTS Technology Co's Revenue for the three months ended in Sep. 2024 was ₩21,006 Mil. Therefore, COTS Technology Co's Gross Margin % for the quarter that ended in Sep. 2024 was 22.69%.


The historical rank and industry rank for COTS Technology Co's Gross Margin % or its related term are showing as below:

XKRX:448710' s Gross Margin % Range Over the Past 10 Years
Min: 15.42   Med: 19.3   Max: 25.87
Current: 21.55


During the past 3 years, the highest Gross Margin % of COTS Technology Co was 25.87%. The lowest was 15.42%. And the median was 19.30%.

XKRX:448710's Gross Margin % is ranked worse than
57.39% of 2422 companies
in the Hardware industry
Industry Median: 24.655 vs XKRX:448710: 21.55

COTS Technology Co had a gross margin of 22.69% for the quarter that ended in Sep. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for COTS Technology Co was 0.00% per year.


COTS Technology Co Gross Margin % Historical Data

The historical data trend for COTS Technology Co's Gross Margin % 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.

COTS Technology Co Gross Margin % Chart

COTS Technology Co Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
19.30 15.42 25.87

COTS Technology Co Quarterly Data
Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.67 23.39 22.63 16.47 22.69

Competitive Comparison of COTS Technology Co's Gross Margin %

For the Computer Hardware subindustry, COTS Technology Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


COTS Technology Co's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, COTS Technology Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where COTS Technology Co's Gross Margin % falls into.



COTS Technology Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

COTS Technology Co's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=13273.3 / 51299.936
=(Revenue - Cost of Goods Sold) / Revenue
=(51299.936 - 38026.663) / 51299.936
=25.87 %

COTS Technology Co's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=4767.1 / 21006.292
=(Revenue - Cost of Goods Sold) / Revenue
=(21006.292 - 16239.197) / 21006.292
=22.69 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


COTS Technology Co  (XKRX:448710) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

COTS Technology Co had a gross margin of 22.69% for the quarter that ended in Sep. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


COTS Technology Co Gross Margin % Related Terms

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COTS Technology Co Business Description

Traded in Other Exchanges
N/A
Address
702, Building C, Bundang Techno Park, 744 Pangyo-ro, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR
COTS Technology Co Ltd is a company that develops/produces Single Board Computers and Displays. The company provides embedded integrated solutions optimized for user environments such as the defense industry and civil sector. It offers various products such as Single Board Computers , Rugged LCD Display and FPGA Accelerator.

COTS Technology Co Headlines

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