Switch to:
GuruFocus has detected 10 Warning Signs with Griffin Industrial Realty Inc \$GRIF.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Griffin Industrial Realty Inc (NAS:GRIF)
COGS-to-Revenue
0.36 (As of Feb. 2017)

Griffin Industrial Realty Inc's cost of goods sold for the three months ended in Feb. 2017 was \$2.49 Mil. Its revenue for the three months ended in Feb. 2017 was \$6.98 Mil.

Griffin Industrial Realty Inc's COGS to Revenue for the three months ended in Feb. 2017 was 0.36.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Griffin Industrial Realty Inc's Gross Margin for the three months ended in Feb. 2017 was 64.39%.

Definition

Griffin Industrial Realty Inc's COGS to Revenue for the fiscal year that ended in Nov. 2016 is calculated as

 COGS to Revenue = Cost of Goods Sold / Revenue = 9.06 / 30.851 = 0.29

Griffin Industrial Realty Inc's COGS to Revenue for the quarter that ended in Feb. 2017 is calculated as

 COGS to Revenue = Cost of Goods Sold / Revenue = 2.485 / 6.979 = 0.36

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

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

Griffin Industrial Realty Inc's Gross Margin for the three months ended in Feb. 2017 is calculated as:

 Gross Margin = 1 - COGS to Revenue = 1 - Cost of Goods Sold / Revenue = 1 - 2.485 / 6.979 = 64.39 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Griffin Industrial Realty Inc Annual Data

 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 cogs2rev 0.64 0.97 0.86 0.80 0.74 0.67 0.34 0.36 0.32 0.29

Griffin Industrial Realty Inc Quarterly Data

 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 cogs2rev 0.30 0.42 0.32 0.28 0.29 0.32 0.31 0.30 0.26 0.36
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)