Magnit PJSC (Magnit PJSC) COGS-to-Revenue : 0.77 (As of Jun. 2023)

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What is Magnit PJSC COGS-to-Revenue?

Magnit PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was $11,692.30 Mil. Its Revenue for the six months ended in Jun. 2023 was $15,148.73 Mil.

Magnit PJSC's COGS to Revenue for the six months ended in Jun. 2023 was 0.77.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Magnit PJSC's Gross Margin % for the six months ended in Jun. 2023 was 22.82%.

Magnit PJSC COGS-to-Revenue Historical Data

The historical data trend for Magnit PJSC'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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Magnit PJSC COGS-to-Revenue Chart

Magnit PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.76

0.77

0.76

0.77

Magnit PJSC Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial															0.77	0.76	0.77	0.78	0.77

Magnit PJSC COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	29656.757	/	38431.313
	=	0.77

Magnit PJSC's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11692.295	/	15148.733
	=	0.77

Magnit PJSC (GREY:MGJCL) COGS-to-Revenue Explanation

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

Magnit PJSC's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	11692.295 / 15148.733
	=	22.82 %

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.

Magnit PJSC COGS-to-Revenue Related Terms

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Magnit PJSC (Magnit PJSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magnit PJSC (GREY:MGJCL) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

MGNT:Russia

Address

15/5, Solnechnaya Street, Krasnodar, RUS, 350072

Website

https://www.magnit.com

PJSC Magnit operates in the retail and distribution of consumer goods under the Magnit, the DIXY and the Megamart names. The Group's retail operations are operated through convenience stores, cosmetic stores, supermarkets and other. The Group's business operations are located in the Russian Federation and relate primarily to retail sales of consumer goods. The company operates in about 4,000 localities. The company utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets and pharmacies. Aside from commodity sales, it operates a private-label food production business. The company manages several plants for growing vegetables and the production of dry food and confectionery.

Magnit PJSC (Magnit PJSC) Headlines

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