Nippon Express Holdings (TSE:9147) COGS-to-Revenue : 0.91 (As of Mar. 2024)

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What is Nippon Express Holdings COGS-to-Revenue?

Nippon Express Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was 円564,328 Mil. Its Revenue for the three months ended in Mar. 2024 was 円617,601 Mil.

Nippon Express Holdings's COGS to Revenue for the three months ended in Mar. 2024 was 0.91.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Nippon Express Holdings's Gross Margin % for the three months ended in Mar. 2024 was 8.63%.

Nippon Express Holdings COGS-to-Revenue Historical Data

The historical data trend for Nippon Express 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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Nippon Express Holdings COGS-to-Revenue Chart

Nippon Express Holdings Annual Data

Trend

Dec22

Dec23

COGS-to-Revenue

0.89

0.90

Nippon Express Holdings Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial				0.90	0.90	0.90	0.89	0.91

Nippon Express Holdings COGS-to-Revenue Calculation

Nippon Express 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
	=	2011472	/	2239017
	=	0.90

Nippon Express Holdings's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	564328	/	617601
	=	0.91

Nippon Express Holdings (TSE:9147) COGS-to-Revenue Explanation

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

Nippon Express Holdings's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	564328 / 617601
	=	8.63 %

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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Nippon Express Holdings (TSE:9147) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nippon Express Holdings Inc (TSE:9147) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

NPEHF:USA

Address

2 Kanda Izumicho, Chiyoda-ku, Tokyo, JPN, 101-0024

Website

Nippon Express Holdings Inc is engaged in the management and related operations for corporate group companies such as truck transportation business.

Nippon Express Holdings (TSE:9147) Headlines

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