Centerspace (Centerspace) COGS-to-Revenue : 0.43 (As of Dec. 2023)

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What is Centerspace COGS-to-Revenue?

Centerspace's Cost of Goods Sold for the three months ended in Dec. 2023 was $27.44 Mil. Its Revenue for the three months ended in Dec. 2023 was $64.07 Mil.

Centerspace's COGS to Revenue for the three months ended in Dec. 2023 was 0.43.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Centerspace's Gross Margin % for the three months ended in Dec. 2023 was 57.17%.

Centerspace COGS-to-Revenue Historical Data

The historical data trend for Centerspace'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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Centerspace COGS-to-Revenue Chart

Centerspace Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.45

0.44

0.45

0.46

0.44

Centerspace Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.47	0.46	0.42	0.45	0.43

Centerspace COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	115.165	/	261.309
	=	0.44

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	27.439	/	64.068
	=	0.43

Centerspace (NYSE:IRETPRBCL.PFD) COGS-to-Revenue Explanation

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

Centerspace's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	27.439 / 64.068
	=	57.17 %

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.

Centerspace COGS-to-Revenue Related Terms

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Centerspace (Centerspace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centerspace (NYSE:IRETPRBCL.PFD) » Definitions » COGS-to-Revenue

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NXRT UMH AIV ELME VRE BRT FREVS CLPR BHM IRT AVB EQR INVH SUI ESS MAA AMH UDR ELS CPT

Traded in Other Exchanges

CSRpC.PFD:USA CSR:USA

Address

3100 10th Street SW, Post Office Box 1988, Minot, ND, USA, 58702-1988

Website

https://www.centerspacehomes.com

Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment, and it owns properties in the following states: Minnesota, Colorado, North Dakota, Nebraska, South Dakota, and Montana. Rental income represents the company's main source of revenue, and properties owned in Minnesota, Colorado, and North Dakota represent the majority of the firm's commercial presence.