>
Switch to:

Galaxy Entertainment Group COGS-to-Revenue

: 0.42 (As of Jun. 2021)
View and export this data going back to 2016. Start your Free Trial

Galaxy Entertainment Group's Cost of Goods Sold for the six months ended in Jun. 2021 was $581 Mil. Its Revenue for the six months ended in Jun. 2021 was $1,373 Mil.

Galaxy Entertainment Group's COGS to Revenue for the six months ended in Jun. 2021 was 0.42.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Galaxy Entertainment Group's Gross Margin % for the six months ended in Jun. 2021 was 57.69%.


Galaxy Entertainment Group COGS-to-Revenue Historical Data

The historical data trend for Galaxy Entertainment Group'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.

Galaxy Entertainment Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
COGS-to-Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.58 0.48 0.49 0.45 0.44

Galaxy Entertainment Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
COGS-to-Revenue 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 Premium Member Only Premium Member Only Premium Member Only 0.46 0.45 0.45 0.43 0.42

Galaxy Entertainment Group COGS-to-Revenue Calculation

Galaxy Entertainment Group's COGS to Revenue for the fiscal year that ended in Dec. 2020 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=729.69775151898 / 1661.0249100221
=0.44

Galaxy Entertainment Group's COGS to Revenue for the quarter that ended in Jun. 2021 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=581.06278263782 / 1373.4848035868
=0.42

* 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.


Galaxy Entertainment Group  (OTCPK:GXYYY) COGS-to-Revenue Explanation

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

Galaxy Entertainment Group's Gross Margin % for the six months ended in Jun. 2021 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 581.06278263782 / 1373.4848035868
=57.69 %

* 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.


Galaxy Entertainment Group COGS-to-Revenue Related Terms

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


Galaxy Entertainment Group Business Description

Galaxy Entertainment Group logo
Industry
Traded in Other Exchanges
Address
111 Connaught Road Central, 22nd Floor, Wing On Centre, Hong Kong, HKG
Galaxy Entertainment is one of six casino license holders in Macao. Its major properties include Starworld casino in the Macao Peninsula and Galaxy Macau phases 1 and 2 in Cotai, with a hotel room inventory of approximately 4,300.
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)