Workforce Holdings (JSE:WKF) COGS-to-Revenue : 0.82 (As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Workforce Holdings COGS-to-Revenue?

Workforce Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was R1,923 Mil. Its Revenue for the six months ended in Jun. 2024 was R2,356 Mil.

Workforce Holdings's COGS to Revenue for the six months ended in Jun. 2024 was 0.82.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Workforce Holdings's Gross Margin % for the six months ended in Jun. 2024 was 18.37%.

Workforce Holdings COGS-to-Revenue Historical Data

The historical data trend for Workforce 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.

* Premium members only.

Workforce Holdings COGS-to-Revenue Chart

Workforce Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.78

0.77

0.79

0.81

Workforce Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial															0.79	0.79	0.80	0.81	0.82

Workforce Holdings COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3634.985	/	4504.615
	=	0.81

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1923.176	/	2355.875
	=	0.82

Workforce Holdings (JSE:WKF) COGS-to-Revenue Explanation

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

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

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1923.176 / 2355.875
	=	18.37 %

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.

Workforce Holdings COGS-to-Revenue Related Terms

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

Workforce Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Workforce Holdings Ltd (JSE:WKF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Wellington Road, Parktown, Johannesburg, ZAF, 2193

Website

https://www.workforce.co.za

Workforce Holdings Ltd is an investment holding company. It has structured its operations into the following business segments: the Staffing and outsourcing segment comprises the provision of staff and labor outsourcing solutions; the Training and education segment provides industry and job-specific skills assessments; the Healthcare segment comprises recruitment and placement of medical professionals for hospitals and other healthcare-related business; Financial services segment comprises death and disability cover, funeral cover, hospital cover, day-to-day medical insurance, and financial and mobile products and services. The majority of its revenue comes from the Staffing and outsourcing segment.

Workforce Holdings Headlines

No Headlines