Binah Capital Group (Binah Capital Group) COGS-to-Revenue : 0.93 (As of Mar. 2024)

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What is Binah Capital Group COGS-to-Revenue?

Binah Capital Group's Cost of Goods Sold for the six months ended in Mar. 2024 was $37.11 Mil. Its Revenue for the six months ended in Mar. 2024 was $40.08 Mil.

Binah Capital Group's COGS to Revenue for the six months ended in Mar. 2024 was 0.93.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Binah Capital Group's Gross Margin % for the six months ended in Mar. 2024 was 7.41%.

Binah Capital Group COGS-to-Revenue Historical Data

The historical data trend for Binah Capital 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.

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Binah Capital Group COGS-to-Revenue Chart

Binah Capital Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.92

0.93

0.94

Binah Capital Group Semi-Annual Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial						0.94	0.94	0.95	0.91	0.93

Binah Capital Group COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	149.554	/	159.859
	=	0.94

Binah Capital Group's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	37.112	/	40.08
	=	0.93

Binah Capital Group (NAS:BCGWW) COGS-to-Revenue Explanation

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

Binah Capital Group's Gross Margin % for the six months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	37.112 / 40.08
	=	7.41 %

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.

Binah Capital Group COGS-to-Revenue Related Terms

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Binah Capital Group (Binah Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Binah Capital Group Inc (NAS:BCGWW) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

BCG:USA

Address

One Cowboys Way, Suite 490, Frisco, TX, USA, 75034

Website

https://www.wentworthms.com

Wentworth Management Services LLC is a holding company that acquires and manages businesses in the wealth management industry. The company specializes in consolidating independent broker-dealers to capture economies of scale needed to service financial advisors in today's technology-enabled regulatory environment. Wentworth's core philosophy focuses on building long-term, productive relationships with its advisor base.

Binah Capital Group (Binah Capital Group) Headlines

From GuruFocus

Binah Capital Group Celebrates Successful Completion of Public Listing with Opening Bell Ringing Ceremony at Nasdaq

By PRNewswire • 04-29-2024