Primech Holdings (Primech Holdings) COGS-to-Revenue : 0.88 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Primech Holdings COGS-to-Revenue?

Primech Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $31.01 Mil. Its Revenue for the six months ended in Sep. 2023 was $35.16 Mil.

Primech Holdings's COGS to Revenue for the six months ended in Sep. 2023 was 0.88.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Primech Holdings's Gross Margin % for the six months ended in Sep. 2023 was 11.80%.

Primech Holdings COGS-to-Revenue Historical Data

The historical data trend for Primech 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.

* Premium members only.

Primech Holdings COGS-to-Revenue Chart

Primech Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

0.88

0.74

0.82

0.85

Primech Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial			0.79	0.85	0.91	0.79	0.88

Primech Holdings COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	58.41	/	69.026
	=	0.85

Primech Holdings's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	31.012	/	35.161
	=	0.88

Primech Holdings (NAS:PMEC) COGS-to-Revenue Explanation

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

Primech Holdings'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	-	31.012 / 35.161
	=	11.80 %

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.

Primech Holdings COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Primech Holdings's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Primech Holdings (Primech Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Primech Holdings Ltd (NAS:PMEC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

23 Ubi Crescent, Singapore, SGP, 408579

Website

https://www.primechholdings.com

Primech Holdings Ltd is a technology-driven facilities services provider in the public and private sectors operating mainly in Singapore. The services offered by the company include Facilities services, Stewarding services, Cleaning services to offices, Cleaning services to homes, and Cleaning Supplies.

Primech Holdings (Primech Holdings) Headlines

From GuruFocus

PRIMECH HOLDINGS LTD. Announces Pricing of US12.2 Million Initial Public Offering

By GlobeNewswire • 10-10-2023

PRIMECH HOLDINGS LTD. Announces Pricing of US12.2 Million Initial Public Offering

By Marketwired • 10-10-2023