Greggs (LSE:GRG) COGS-to-Revenue : 0.39 (As of Dec. 2023)

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What is Greggs COGS-to-Revenue?

Greggs's Cost of Goods Sold for the six months ended in Dec. 2023 was £381 Mil. Its Revenue for the six months ended in Dec. 2023 was £966 Mil.

Greggs's COGS to Revenue for the six months ended in Dec. 2023 was 0.39.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Greggs's Gross Margin % for the six months ended in Dec. 2023 was 60.56%.

Greggs COGS-to-Revenue Historical Data

The historical data trend for Greggs'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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Greggs COGS-to-Revenue Chart

Greggs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.36

0.37

0.36

0.38

0.39

Greggs Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.37	0.38	0.38	0.39	0.39

Greggs COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	710.5	/	1809.6
	=	0.39

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	380.8	/	965.6
	=	0.39

Greggs (LSE:GRG) COGS-to-Revenue Explanation

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

Greggs's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	380.8 / 965.6
	=	60.56 %

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.

Greggs COGS-to-Revenue Related Terms

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Greggs (LSE:GRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Greggs PLC (LSE:GRG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GGGSY:USA GRGl:UK 41G1:Germany

Address

Greggs House, Quorum Business Park, Newcastle upon Tyne, GBR, NE12 8BU

Website

https://www.greggs.co.uk

Greggs PLC is a U.K.-based company that is principally engaged in manufacturing, distributing, and retailing bakery goods, sandwiches, and drinks under the Greggs brand. The company focuses on the food-on-the-go market. It has a vertically integrated supply network, with its bakeries & delivery network. Greggs operates in two segments: Company-managed retail activities and B2B channels. Its shops are located in retail & industrial parks, motorway service stations, and travel hubs, to meet the demands of busy customers. The company generates all its revenue from the United Kingdom.

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