Mitsubishi Electric (Mitsubishi Electric) COGS-to-Revenue : 0.70 (As of Dec. 2023)

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What is Mitsubishi Electric COGS-to-Revenue?

Mitsubishi Electric's Cost of Goods Sold for the three months ended in Dec. 2023 was $6,018 Mil. Its Revenue for the three months ended in Dec. 2023 was $8,640 Mil.

Mitsubishi Electric's COGS to Revenue for the three months ended in Dec. 2023 was 0.70.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mitsubishi Electric's Gross Margin % for the three months ended in Dec. 2023 was 30.34%.

Mitsubishi Electric COGS-to-Revenue Historical Data

The historical data trend for Mitsubishi Electric'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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Mitsubishi Electric COGS-to-Revenue Chart

Mitsubishi Electric Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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0.71

0.72

Mitsubishi Electric Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.71	0.71	0.71	0.71	0.70

Mitsubishi Electric COGS-to-Revenue Calculation

Mitsubishi Electric's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	26909.063	/	37434.783
	=	0.72

Mitsubishi Electric's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6018.321	/	8639.547
	=	0.70

Mitsubishi Electric (OTCPK:MIELY) COGS-to-Revenue Explanation

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

Mitsubishi Electric's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	6018.321 / 8639.547
	=	30.34 %

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.

Mitsubishi Electric COGS-to-Revenue Related Terms

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Mitsubishi Electric (Mitsubishi Electric) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mitsubishi Electric Corp (OTCPK:MIELY) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

MIELF:USA 6503:Japan MIE1:Germany

Address

Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310

Website

https://www.mitsubishielectric.com

Mitsubishi Electric is a general electric diversified industrials company that develops, manufactures and sells electrical equipment worldwide. The company's core segments include: industrial automation systems, energy and electric systems, electric devices, information and communication systems, and home appliances (which includes commercial air conditioning). Mitsubishi Electric was founded in 1921 and is headquartered in Tokyo.