Elite UK REIT (SGX:MXNU) COGS-to-Revenue : 0.10 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Elite UK REIT COGS-to-Revenue?

Elite UK REIT's Cost of Goods Sold for the six months ended in Dec. 2023 was £2.50 Mil. Its Revenue for the six months ended in Dec. 2023 was £23.87 Mil.

Elite UK REIT's COGS to Revenue for the six months ended in Dec. 2023 was 0.10.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Elite UK REIT's Gross Margin % for the six months ended in Dec. 2023 was 89.53%.

Elite UK REIT COGS-to-Revenue Historical Data

The historical data trend for Elite UK REIT'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.

Elite UK REIT COGS-to-Revenue Chart

Elite UK REIT Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.02

0.03

0.04

0.08

Elite UK REIT Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial				0.03	0.03	0.04	0.06	0.10

Elite UK REIT COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.842	/	45.206
	=	0.08

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.499	/	23.866
	=	0.10

Elite UK REIT (SGX:MXNU) COGS-to-Revenue Explanation

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

Elite UK REIT'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	-	2.499 / 23.866
	=	89.53 %

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.

Elite UK REIT COGS-to-Revenue Related Terms

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

Elite UK REIT (SGX:MXNU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Elite UK REIT (SGX:MXNU) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Temasek Boulevard, 37-02, Suntec Tower Three, Singapore, SGP, 038988

Website

https://www.elitecreit.com

Elite Commercial REIT invests in commercial assets and real estate-related assets in the UK. It has commercial buildings located across the UK.

Elite UK REIT (SGX:MXNU) Headlines

No Headlines