Next Meats Holdings (Next Meats Holdings) COGS-to-Revenue : 0.80 (As of Jan. 2024)

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What is Next Meats Holdings COGS-to-Revenue?

Next Meats Holdings's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.21 Mil. Its Revenue for the three months ended in Jan. 2024 was $0.27 Mil.

Next Meats Holdings's COGS to Revenue for the three months ended in Jan. 2024 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Next Meats Holdings's Gross Margin % for the three months ended in Jan. 2024 was 19.62%.

Next Meats Holdings COGS-to-Revenue Historical Data

The historical data trend for Next Meats 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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Next Meats Holdings COGS-to-Revenue Chart

Next Meats Holdings Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

COGS-to-Revenue

0.82

0.95

Next Meats Holdings Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
COGS-to-Revenue	Get a 7-Day Free Trial										0.95	1.14	0.67	0.77	0.80

Next Meats Holdings COGS-to-Revenue Calculation

Next Meats Holdings's COGS to Revenue for the fiscal year that ended in Apr. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.327	/	1.398
	=	0.95

Next Meats Holdings's COGS to Revenue for the quarter that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.213	/	0.265
	=	0.80

Next Meats Holdings (OTCPK:NXMH) COGS-to-Revenue Explanation

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

Next Meats Holdings's Gross Margin % for the three months ended in Jan. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.213 / 0.265
	=	19.62 %

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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Next Meats Holdings (Next Meats Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Next Meats Holdings Inc (OTCPK:NXMH) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

3F 1-16-13 Ebisu Minami Shibuya-ku, Tokyo, JPN, 150-0022

Website

https://www.nextmeats.co.jp

Next Meats Holdings Inc. is a Japanese Company that operates in the alternative meat industry. It currently offers, and plans to continue to offer, amongst other things, artificial chicken and beef products made from meat substitutes. As will be described later on, Next Meats Co., Ltd. is now a wholly-owned subsidiary of the Company.

Executives

Koichi Ishizuka	director, 10 percent owner, officer: CEO, CFO	3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011
White Knight Co., Ltd.	10 percent owner	3F K MINAMIAOYAMA, 6-6-20 MINAMIAOYAMA, MINATO-KU, TOKYO M0 107-0062
Hideyuki Sasaki	director, 10 percent owner, officer: Chief Operating Officer	5-2-4 NISHI, HANYU-SHI, SAITAMA M0 348-0054
Ryo Shirai	director, 10 percent owner, other: Chairman of the Board	4-380-4- NAKAZAWA, NAGAOKA-SHI, NIIGATA M0 940-0853
Next Meats Co., Ltd	10 percent owner	3F 1-16-13 EBISU MINAMI, SHIBUYA-KU, TOKYO M0 150-0022
Flint Consulting Services, Llc	10 percent owner	780 RESERVOIR AVE #123, CRANSTON RI 029910