Ostin Technology Group Co (Ostin Technology Group Co) COGS-to-Revenue : 0.94 (As of Sep. 2023)

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What is Ostin Technology Group Co COGS-to-Revenue?

Ostin Technology Group Co's Cost of Goods Sold for the six months ended in Sep. 2023 was $21.87 Mil. Its Revenue for the six months ended in Sep. 2023 was $23.23 Mil.

Ostin Technology Group Co's COGS to Revenue for the six months ended in Sep. 2023 was 0.94.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ostin Technology Group Co's Gross Margin % for the six months ended in Sep. 2023 was 5.86%.

Ostin Technology Group Co COGS-to-Revenue Historical Data

The historical data trend for Ostin Technology Group Co'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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Ostin Technology Group Co COGS-to-Revenue Chart

Ostin Technology Group Co Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

COGS-to-Revenue

0.91

0.92

0.90

0.88

0.96

Ostin Technology Group Co Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial				0.91	0.86	0.91	0.98	0.94

Ostin Technology Group Co COGS-to-Revenue Calculation

Ostin Technology Group Co's COGS to Revenue for the fiscal year that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	55.472	/	57.526
	=	0.96

Ostin Technology Group Co's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	21.869	/	23.231
	=	0.94

Ostin Technology Group Co (NAS:OST) COGS-to-Revenue Explanation

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

Ostin Technology Group Co's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	21.869 / 23.231
	=	5.86 %

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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Ostin Technology Group Co (Ostin Technology Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ostin Technology Group Co Ltd (NAS:OST) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Kechuang Road, Building 2, 101/201, Qixia District, Nanjing, CHN, 210046

Website

http://www.austinelec.com

Ostin Technology Group Co Ltd is a supplier of display modules and polarizers in China. It designs, develops, and manufactures TFT-LCD modules in a wide range of sizes and customized sizes according to the specifications of its customers. Its display modules are mainly used in consumer electronics, commercial LCD displays, and automotive displays. The company also manufactures polarizers used in the TFT-LCD display modules and is in the process of developing polarizers for the OLED display panel.