Myer Holdings (FRA:30M) COGS-to-Revenue : 0.55 (As of Jan. 2024)

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What is Myer Holdings COGS-to-Revenue?

Myer Holdings's Cost of Goods Sold for the six months ended in Jan. 2024 was €500 Mil. Its Revenue for the six months ended in Jan. 2024 was €905 Mil.

Myer Holdings's COGS to Revenue for the six months ended in Jan. 2024 was 0.55.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Myer Holdings's Gross Margin % for the six months ended in Jan. 2024 was 44.75%.

Myer Holdings COGS-to-Revenue Historical Data

The historical data trend for Myer Holdings'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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Myer Holdings COGS-to-Revenue Chart

Myer Holdings Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

COGS-to-Revenue

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0.54

0.56

0.54

0.55

0.56

Myer Holdings Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
COGS-to-Revenue	Get a 7-Day Free Trial															0.55	0.55	0.56	0.56	0.55

Myer Holdings COGS-to-Revenue Calculation

Myer Holdings's COGS to Revenue for the fiscal year that ended in Jul. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	936.246	/	1667.31
	=	0.56

Myer Holdings's COGS to Revenue for the quarter that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	500.18	/	905.33
	=	0.55

Myer Holdings (FRA:30M) COGS-to-Revenue Explanation

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

Myer Holdings's Gross Margin % for the six months ended in Jan. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	500.18 / 905.33
	=	44.75 %

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.

Myer Holdings COGS-to-Revenue Related Terms

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Myer Holdings (FRA:30M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Myer Holdings Ltd (FRA:30M) » Definitions » COGS-to-Revenue

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MYR:Australia

Address

1000 La Trobe Street, Level 7, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.myer.com.au

Myer is Australia's largest department store operator, with some 60 stores that are mostly spread across eastern states. Stores are generally located in areas of high foot traffic in major metropolitan shopping centers. Competitive advantages include a well-established brand and scale benefits from a relatively large revenue base. The brand is somewhat iconic among Australian domestic consumers. The group's loyalty programme has more than 4 million active members.

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