Gray Television (Gray Television) COGS-to-Revenue

: 0.73 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

Gray Television's Cost of Goods Sold for the three months ended in Dec. 2023 was $631 Mil. Its Revenue for the three months ended in Dec. 2023 was $864 Mil.

Gray Television's COGS to Revenue for the three months ended in Dec. 2023 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Gray Television's Gross Margin % for the three months ended in Dec. 2023 was 26.97%.

Gray Television COGS-to-Revenue Historical Data

The historical data trend for Gray Television'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.

Gray Television Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.66

0.58

0.67

0.61

0.73

Gray Television 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															0.56	0.77	0.69	0.72	0.73

Gray Television COGS-to-Revenue Calculation

Gray Television's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2383	/	3281
	=	0.73

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	631	/	864
	=	0.73

Gray Television (NYSE:GTN) COGS-to-Revenue Explanation

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

Gray Television'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	-	631 / 864
	=	26.97 %

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.

Gray Television COGS-to-Revenue Related Terms

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

Gray Television (Gray Television) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gray Television Inc (NYSE:GTN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GTN.A:USA GCZB:Germany

Address

4370 Peachtree Road NE, Atlanta, GA, USA, 30319

Website

https://www.gray.tv

Gray Television Inc is a television broadcast company. The company is engaged in owning and operating television stations. It also owns video program production, marketing, and digital business. The company has two segments namely, Broadcasting and Production companies. It generates revenue maximum revenue from the Broadcasting segment.

Executives

Richard Lee Boger	director
T L Elder	director	5087 PINE BARK CIRCLE, DUNWOODY GA 30338
Robin Robinson Howell	director	3656 TUXEDO ROAD NW, ATLANTA GA 30305
Howell Hilton H Jr	director, officer: Chairman, President & CEO	4370 PEACHTREE ROAD, N.E., ATLANTA GA 30319
Sandra Breland Mcnamara	officer: Executive Vice President, COO	4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Harriett J Robinson	director
Paul Mctear	director	1451 WEST CYPRESS CREEK ROAD, SUITE 300, FORT LAUDERDALE FL 33309
D Patrick Laplatney	director	1451 WEST CYPRUS CREEK ROAD, SUITE 300, FORT LAUDERDALE FL 33309
Cowart Jackson S Iv	officer: Chief Accounting Officer	126 N WASHINGTON STREET, ALBANY GA 31701
James C Ryan	officer: EVP & Chief Financial Officer
Lorri Mcclain	director	4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Robert Lawrence Smith	officer: SVP & COO	4370 PEACHTREE ROAD NE, SUITE 400, ATLANTA GA 30319
Kevin Paul Latek	officer: EVP Chief L & D Officer	4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Spainhour Sterling A Jr.	director	4370 PEACHTREE ROAD, NE, ATLANTA GA 30319
Bankers Fidelity Life Insurance Co	10 percent owner	4370 PEACHTREE ROAD NE, ATLANTA GA 30319