ELK-Desa Resources Bhd (XKLS:5228) COGS-to-Revenue : 0.28 (As of Dec. 2023)

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What is ELK-Desa Resources Bhd COGS-to-Revenue?

ELK-Desa Resources Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM12.0 Mil. Its Revenue for the three months ended in Dec. 2023 was RM42.8 Mil.

ELK-Desa Resources Bhd's COGS to Revenue for the three months ended in Dec. 2023 was 0.28.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ELK-Desa Resources Bhd's Gross Margin % for the three months ended in Dec. 2023 was 71.95%.

ELK-Desa Resources Bhd COGS-to-Revenue Historical Data

The historical data trend for ELK-Desa Resources Bhd'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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ELK-Desa Resources Bhd COGS-to-Revenue Chart

ELK-Desa Resources Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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0.20

0.19

0.23

0.22

ELK-Desa Resources Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.29	0.07	0.27	0.27	0.28

ELK-Desa Resources Bhd COGS-to-Revenue Calculation

ELK-Desa Resources Bhd's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	34.288	/	155.242
	=	0.22

ELK-Desa Resources Bhd's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11.994	/	42.766
	=	0.28

ELK-Desa Resources Bhd (XKLS:5228) COGS-to-Revenue Explanation

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

ELK-Desa Resources Bhd's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	11.994 / 42.766
	=	71.95 %

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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ELK-Desa Resources Bhd (XKLS:5228) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » ELK-Desa Resources Bhd (XKLS:5228) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15 - 17, Jalan Brunei Utara, Off Jalan Pudu, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.elk-desa.com.my

ELK-Desa Resources Bhd is a Malaysian company investment holding company. The company's business segments are Hire-purchase financing and other integrated services and the Trading of furniture. The Hire-purchase financing and other integrated services segment is involved in the business of hire purchase financing for used motor vehicles as well as selling general insurance policies as an insurance agent and the Trading of furniture segment is involved in the business of trading, export, wholesaling and manufacturing of furniture. The company earns the majority of its revenue from hire-purchase financing.

ELK-Desa Resources Bhd (XKLS:5228) Headlines

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