Jio Financial Services (BOM:543940) COGS-to-Revenue : 0.11 (As of Dec. 2023)

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What is Jio Financial Services COGS-to-Revenue?

Jio Financial Services's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹339 Mil. Its Revenue for the three months ended in Dec. 2023 was ₹3,104 Mil.

Jio Financial Services's COGS to Revenue for the three months ended in Dec. 2023 was 0.11.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jio Financial Services's Gross Margin % for the three months ended in Dec. 2023 was 89.09%.

Jio Financial Services COGS-to-Revenue Historical Data

The historical data trend for Jio Financial Services'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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Jio Financial Services COGS-to-Revenue Chart

Jio Financial Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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2.24

0.82

Jio Financial Services Quarterly Data
	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial				-	-	-	0.07	0.11

Jio Financial Services COGS-to-Revenue Calculation

Jio Financial Services's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	211.9
	=	0.00

Jio Financial Services's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	338.7	/	3103.5
	=	0.11

Jio Financial Services (BOM:543940) COGS-to-Revenue Explanation

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

Jio Financial Services'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	-	338.7 / 3103.5
	=	89.09 %

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.

Jio Financial Services COGS-to-Revenue Related Terms

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Jio Financial Services (BOM:543940) Business Description

Industry

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JIOFIN:India

Address

222 Nariman Point, 9th Floor, Maker Chambers 4, Mumbai, MH, IND, 400021

Website

https://www.jfs.in

Jio Financial Services Ltd operates as an investment company. The Company is a registered Non-Banking Financial Company - Systemically Important Non-Deposit taking Company. The company is engaged in the business of finance, trading in futures and options, trading/investments in shares and securities in India.

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