Haverty Furniture (Haverty Furniture) COGS-to-Revenue

: 0.38 (As of Dec. 2023)

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Haverty Furniture's Cost of Goods Sold for the three months ended in Dec. 2023 was $79.3 Mil. Its Revenue for the three months ended in Dec. 2023 was $210.7 Mil.

Haverty Furniture's COGS to Revenue for the three months ended in Dec. 2023 was 0.38.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Haverty Furniture's Gross Margin % for the three months ended in Dec. 2023 was 62.36%.

Haverty Furniture COGS-to-Revenue Historical Data

The historical data trend for Haverty Furniture'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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Haverty Furniture Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.46

0.44

0.43

0.42

0.39

Haverty Furniture 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															0.43	0.41	0.39	0.39	0.38

Haverty Furniture COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	339.041	/	862.133
	=	0.39

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	79.329	/	210.744
	=	0.38

Haverty Furniture (NYSE:HVT) COGS-to-Revenue Explanation

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

Haverty Furniture'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	-	79.329 / 210.744
	=	62.36 %

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.

Haverty Furniture COGS-to-Revenue Related Terms

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Haverty Furniture (Haverty Furniture) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Haverty Furniture Companies Inc (NYSE:HVT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

HVT.A:USA 25F:Germany

Address

780 Johnson Ferry Road, Suite 800, Atlanta, GA, USA, 30342

Website

https://www.havertys.com

Haverty Furniture Companies Inc is a specialty retailer of residential furniture and accessories. It provides various products such as Sofa Tables, Sleepers, End Tables, Cocktail Tables, Accent Pieces, Display Cabinets, Wall Decor, Florals and Tress, and other related products. The company operates primarily in the Southern and Midwestern U.S. All its activities are encompassed in its Merchandise division. The company derives the majority of its revenue from its upholstery products and, secondarily, from bedroom furniture.

Executives

John Linwood Gill	officer: Vice President, Operations	780 JOHNSON FERRY ROAD, NE, SUITE 800, ATLANTA GA 30157
Rawson Jr Haverty	director, officer: Senior Vice President
Vicki R Palmer	director	PO BOX 723040, ATLANTA GA 30339
Mylle H Mangum	director	3231 S E SIXTH AVENUE, TOPEKA KS 66607
Richard B Hare	officer: Executive Vice President & CFO	CARMIKE CINEMAS INC, 1301 FIRST AVENUE, COLUMBUS GA 31901
Clarence H Smith	director, officer: President & CEO	780 JOHNSON FERRY RD., SUITE 800, ATLANTA GA 30342
Steven G Burdette	officer: Senior Vice President
Jenny H Parker	officer: Vice Pres., Secy. & Treas.
Michael R Cote	director	1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
Kelly Allen Fladger	officer: SVP, Chief HR Officer	780 JOHNSON FERRY ROAD, NE, SUITE 800, ATLANTA GA 30342
Alfredo Trujillo	director
J Edward Clary	officer: Chief Information Officer
Derek Gordon Schiller	director	780 JOHNSON FERRY ROAD, NE, SUITE 800, ATLANTA GA 30342
G. Thomas Hough	director	P.O. BOX 407, LAKELAND FL 33802
Helen Berry Bautista	officer: Vice President, Marketing	780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342