Despegar.com (Despegar.com) COGS-to-Revenue

: 0.32 (As of Sep. 2023)

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Despegar.com's Cost of Goods Sold for the three months ended in Sep. 2023 was $57.6 Mil. Its Revenue for the three months ended in Sep. 2023 was $178.1 Mil.

Despegar.com's COGS to Revenue for the three months ended in Sep. 2023 was 0.32.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Despegar.com's Gross Margin % for the three months ended in Sep. 2023 was 67.67%.

Despegar.com COGS-to-Revenue Historical Data

The historical data trend for Despegar.com'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.

Despegar.com Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

0.32

0.34

0.79

0.50

0.34

Despegar.com Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue																0.35	0.31	0.32	0.36	0.32

Despegar.com COGS-to-Revenue Calculation

Despegar.com's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	182.898	/	537.972
	=	0.34

Despegar.com's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	57.599	/	178.149
	=	0.32

Despegar.com (NYSE:DESP) COGS-to-Revenue Explanation

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

Despegar.com's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	57.599 / 178.149
	=	67.67 %

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.

Despegar.com COGS-to-Revenue Related Terms

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Despegar.com (Despegar.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Despegar.com Corp (NYSE:DESP) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

D3G:Germany DESP:Argentina

Address

Juana Manso 1069, Floor 5, Buenos Aires, ARG, C1107CBU

Website

https://www.despegar.com

Despegar.com Corp is an online travel company in Latin America. Its product offering includes airline tickets, packages, hotels, and other travel-related products, which enables consumers to find, compare, plan and purchase travel products easily through its marketplace. The company provides a technology platform for managing the distribution of products and access to users to the network of travel suppliers. It operates through two segments: Air, which consists of the sale of airline tickets; and Packages, Hotels, and Other Travel Products, which consists of travel packages, as well as sales of hotel rooms, car rentals, bus tickets, cruise tickets, travel insurance and destination services. Its geographical segments are Argentina, Brazil, Uruguay, Mexico, and other countries.