Studio City International Holdings (Studio City International Holdings) COGS-to-Revenue : 0.30 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Studio City International Holdings COGS-to-Revenue?

Studio City International Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $42.1 Mil. Its Revenue for the three months ended in Dec. 2023 was $141.3 Mil.

Studio City International Holdings's COGS to Revenue for the three months ended in Dec. 2023 was 0.30.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Studio City International Holdings's Gross Margin % for the three months ended in Dec. 2023 was 70.23%.

Studio City International Holdings COGS-to-Revenue Historical Data

The historical data trend for Studio City International 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.

Studio City International Holdings COGS-to-Revenue Chart

Studio City International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.23

1.62

0.77

6.82

0.39

Studio City International Holdings 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															4.89	0.41	0.50	0.37	0.30

Studio City International Holdings COGS-to-Revenue Calculation

Studio City International 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
	=	172.529	/	445.538
	=	0.39

Studio City International Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	42.05	/	141.251
	=	0.30

Studio City International Holdings (NYSE:MSC) COGS-to-Revenue Explanation

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

Studio City International Holdings'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	-	42.05 / 141.251
	=	70.23 %

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.

Studio City International Holdings COGS-to-Revenue Related Terms

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

Studio City International Holdings (Studio City International Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Studio City International Holdings Ltd (NYSE:MSC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG

Website

https://www.studiocity-macau.com

Studio City International Holdings Ltd is a world-class gaming, retail, and entertainment resort located in Cotai, Macau. It operates Studio City Casino with around 250 mass-market gaming tables; approximately 970 gaming machines; and 45 VIP rolling chip tables. In addition, it offers non-gaming attractions, including the world's first figure-8 Ferris wheel, a Warner Bros-themed family entertainment center, a 4-D Batman flight simulator, an exclusive night club, and a live performance arena. Geographically, the company derives the majority of its revenue from the Macau region.