Forestar Group (Forestar Group) COGS-to-Revenue

: 0.76 (As of Dec. 2023)

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Forestar Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $233 Mil. Its Revenue for the three months ended in Dec. 2023 was $306 Mil.

Forestar Group's COGS to Revenue for the three months ended in Dec. 2023 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Forestar Group's Gross Margin % for the three months ended in Dec. 2023 was 23.83%.

Forestar Group COGS-to-Revenue Historical Data

The historical data trend for Forestar Group'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.

Forestar Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Sep19

Sep20

Sep21

Sep22

Sep23

COGS-to-Revenue

0.85

0.87

0.83

0.79

Forestar Group 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																0.78	0.81	0.77	0.79	0.76

Forestar Group COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1132.8	/	1436.9
	=	0.79

Forestar Group's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	233	/	305.9
	=	0.76

Forestar Group (NYSE:FOR) COGS-to-Revenue Explanation

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

Forestar Group'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	-	233 / 305.9
	=	23.83 %

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.

Forestar Group COGS-to-Revenue Related Terms

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Forestar Group (Forestar Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Forestar Group Inc (NYSE:FOR) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

4F31:Germany

Address

2221 E. Lamar Boulevard, Suite 790, Arlington, TX, USA, 76006

Website

https://www.forestar.com

Forestar Group Inc is a residential lot development company with operations across the United States. The core business segment for the company is real estate which generates all of it's revenues. The firm fundamentally acquires entitled real estate and develops it into finished residential lots for sale to homebuilders with a strategic focus on asset turns and efficiency. Single-family residential communities account for the majority of their real estate projects. The company utilizes a lower-risk business model mainly by investing in short duration, phased development projects.

Executives

Daniel C Bartok	officer: CEO	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Ringler G.f. (rick) Iii	director	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Elizabeth Parmer	director	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Mark Stephen Walker	officer: Chief Operating Officer	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
James Douglas Allen	officer: Chief Financial Officer	2221 E. LAMAR BLVD. SUITE 790, ARLINGTON TX 76006
Lisa H. Jamieson	director	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Samuel R Fuller	director	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Donald C Spitzer	director	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Bill W Wheat	officer: Principal Financial Officer	1361 HORTON CIRCLE, ARLINGTON TX 76011
Aron M. Odom	officer: Principal Accounting Officer	1341 HORTON CIRCLE, ARLINGTON TX 76011
Charles D Jehl	officer: Chief Financial Officer	C/O OPEN LENDING CORPORATION, 1501 S. MOPAC EXPRESSWAY, SUITE 450, AUSTIN TX 78746
M Ashton Hudson	director	9995 GATE PARKWAY, SUITE 330, JACKSONVILLE FL 32246
Donald J Tomnitz	director, officer: Chairman	2221 E. LAMAR BLVD., SUITE 790, ARLINGTON TX 76006
Richard D. Squires	director	3889 MAPLE AVENUE, SUITE 1525, DALLAS TX 75219
Michael J. Quinley	officer: President	6300 BEE CAVE ROAD, BLDG 2, SUITE 500, AUSTIN TX 78746