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Monarch Casino & Resort (Monarch Casino & Resort) COGS-to-Revenue : 0.46 (As of Dec. 2023)


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What is Monarch Casino & Resort COGS-to-Revenue?

Monarch Casino & Resort's Cost of Goods Sold for the three months ended in Dec. 2023 was $59.1 Mil. Its Revenue for the three months ended in Dec. 2023 was $128.2 Mil.

Monarch Casino & Resort's COGS to Revenue for the three months ended in Dec. 2023 was 0.46.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Monarch Casino & Resort's Gross Margin % for the three months ended in Dec. 2023 was 53.89%.

Monarch Casino & Resort COGS-to-Revenue Historical Data

The historical data trend for Monarch Casino & Resort'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.

Monarch Casino & Resort COGS-to-Revenue Chart

Monarch Casino & Resort Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.46 0.45 0.46 0.46

Monarch Casino & Resort Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.47 0.44 0.46 0.48

Monarch Casino & Resort COGS-to-Revenue Calculation

Monarch Casino & Resort's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=232.303 / 501.478
=0.46

Monarch Casino & Resort's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=59.106 / 128.186
=0.46

* 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.

Monarch Casino & Resort  (NAS:MCRI) COGS-to-Revenue Explanation

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

Monarch Casino & Resort'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 - 59.106 / 128.186
=53.89 %

* 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.

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.

Monarch Casino & Resort COGS-to-Revenue Related Terms

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Monarch Casino & Resort (Monarch Casino & Resort) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Monarch Casino & Resort Inc (NAS:MCRI) » Definitions » COGS-to-Revenue
Comparable Companies
MSC PLYA GDEN BALY FLL CNTY PENN SLNA TBTC MLCO LVS HKSE:01928 HKSE:00027 MGM WYNN CZR MTN SGX:G13 BYD HKSE:02282
Traded in Other Exchanges
N/A
Address
3800 South Virginia Street, Reno, NV, USA, 89502
Website
https://www.monarchcasino.com
Monarch Casino & Resort Inc is engaged in providing the latest gaming, dining, and hospitality amenities. It owns and operates the Atlantis Casino Resort Spa, a hotel/casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk. The company generates the majority of its revenue from Casinos, followed by Food & Beverage and Hotel Operations.
Executives
John Farahi director, 10 percent owner, officer: Co-Chairman and CEO MONARCH CASINO & RESORT INC, 1175 MOANA LANE SUITE 200, RENO NV 89509
Bob Farahi director, 10 percent owner, officer: Co-Chairman and President MONARCH CASINO & RESORT INC, 3800 S. VIRGINIA STREET, RENO NV 89502
David-jacques Farahi officer: Chief Operating Officer 3800 S. VIRGINIA STREET, RENO NV 89502
Edwin S. Koenig officer: CAO 3800 S. VIRGINIA STREET, RENO NV 89502
Ben Farahi 10 percent owner 3652 SOUTH VIRGINIA ST., SUITE C7, RENO NV 89502
Craig F Sullivan director
Richard L. Cooley officer: Vice President of Finance 3800 S. VIRGINIA STREET, RENO NV 89502
Ronald Rowan officer: Chief Financial Officer 3800 S. VIRGINIA STREET, EXECUTIVE OFFICES, RENO NV 89502
Paul Andrews director 3800 S. VIRGINIA STREET, RENO NV 89502
Yvette Landau director
Ronald R Zideck director
Charles W Scharer director C/O GAMETECH INTERNATIONAL INC, 900 SANDHILL ROAD, RENO NV 89521