Carmit Candy Industries (XTAE:CRMT) COGS-to-Revenue : 0.77 (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Carmit Candy Industries COGS-to-Revenue?

Carmit Candy Industries's Cost of Goods Sold for the six months ended in Dec. 2023 was ₪89.9 Mil. Its Revenue for the six months ended in Dec. 2023 was ₪116.4 Mil.

Carmit Candy Industries's COGS to Revenue for the six months ended in Dec. 2023 was 0.77.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Carmit Candy Industries's Gross Margin % for the six months ended in Dec. 2023 was 22.72%.

Carmit Candy Industries COGS-to-Revenue Historical Data

The historical data trend for Carmit Candy Industries'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.

Carmit Candy Industries COGS-to-Revenue Chart

Carmit Candy Industries Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.76

0.79

0.85

0.81

0.77

Carmit Candy Industries Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial									0.97	0.80	0.82	0.78	0.77

Carmit Candy Industries COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	182.031	/	234.886
	=	0.77

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	89.941	/	116.384
	=	0.77

Carmit Candy Industries (XTAE:CRMT) COGS-to-Revenue Explanation

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

Carmit Candy Industries'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	-	89.941 / 116.384
	=	22.72 %

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.

Carmit Candy Industries COGS-to-Revenue Related Terms

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

Carmit Candy Industries (XTAE:CRMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Carmit Candy Industries Ltd (XTAE:CRMT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Hahagana Street, Rishon Lezion, ISR, 75706

Website

http://www.carmit.co.il

Carmit Candy Industries Ltd is a confectionery manufacturer. It produces confectionery products for private label brands. Its products include chocolate coins, marshmallows, Dairy-free chocolate, lollipops and toffees, and chocolate bars, among others. It caters to industrial and professional markets in Israel and produces chocolate, which serves as raw material for the chocolate, ice cream, dairy, confectionery, bakery and other industries.