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Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) COGS-to-Revenue : 0.76 (As of Dec. 2023)


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What is Neo-Concept International Group Holdings COGS-to-Revenue?

Neo-Concept International Group Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $9.40 Mil. Its Revenue for the six months ended in Dec. 2023 was $12.33 Mil.

Neo-Concept International Group Holdings's COGS to Revenue for the six months ended in Dec. 2023 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Neo-Concept International Group Holdings's Gross Margin % for the six months ended in Dec. 2023 was 23.77%.

Neo-Concept International Group Holdings COGS-to-Revenue Historical Data

The historical data trend for Neo-Concept International Group Holdings'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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Neo-Concept International Group Holdings COGS-to-Revenue Chart

Neo-Concept International Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
0.94 0.91 0.88 0.80

Neo-Concept International Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
COGS-to-Revenue Get a 7-Day Free Trial 0.90 0.87 0.89 0.84 0.76

Neo-Concept International Group Holdings COGS-to-Revenue Calculation

Neo-Concept International Group Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=17.818 / 22.306
=0.80

Neo-Concept International Group Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=9.398 / 12.329
=0.76

* 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.

Neo-Concept International Group Holdings  (NAS:NCI) COGS-to-Revenue Explanation

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

Neo-Concept International Group Holdings's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 9.398 / 12.329
=23.77 %

* 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 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.

Neo-Concept International Group Holdings COGS-to-Revenue Related Terms

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Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Neo-Concept International Group Holdings Ltd (NAS:NCI) » Definitions » COGS-to-Revenue
Comparable Companies
Traded in Other Exchanges
N/A
Address
10th floor, Seaview Centre, No.139-141 Hoi Bun Road, Kwun Tong, Kowloon, HKG
Website
https://www.neo-ig.com
Neo-Concept International Group Holdings Ltd is a company whose a one-stop apparel solution services provider. They offer a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European, and North American markets through Neo-Concept HK.

Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Headlines

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