Metro (TSX:MRU) COGS-to-Revenue : 0.80 (As of Mar. 2024)

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What is Metro COGS-to-Revenue?

Metro's Cost of Goods Sold for the three months ended in Mar. 2024 was C$3,727 Mil. Its Revenue for the three months ended in Mar. 2024 was C$4,656 Mil.

Metro's COGS to Revenue for the three months ended in Mar. 2024 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Metro's Gross Margin % for the three months ended in Mar. 2024 was 19.94%.

Metro COGS-to-Revenue Historical Data

The historical data trend for Metro'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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Metro COGS-to-Revenue Chart

Metro Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

COGS-to-Revenue

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0.80

Metro 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															0.80	0.80	0.81	0.80	0.80

Metro COGS-to-Revenue Calculation

Metro's COGS to Revenue for the fiscal year that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	16642.4	/	20724.6
	=	0.80

Metro's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3727.4	/	4655.5
	=	0.80

Metro (TSX:MRU) COGS-to-Revenue Explanation

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

Metro's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3727.4 / 4655.5
	=	19.94 %

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.

Metro COGS-to-Revenue Related Terms

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Metro (TSX:MRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metro Inc (TSX:MRU) » Definitions » COGS-to-Revenue

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MTRAF:USA 62M:Germany

Address

11011 Maurice-Duplessis, Finances, Montreal, Montreal, QC, CAN, H1C 1V6

Website

https://www.metro.ca

Metro is the third-largest grocery retailer in Canada (behind Loblaw and Sobeys) and also owns the top pharmacy chain in Quebec, Jean Coutu, following the 2018 acquisition. Its grocery banners include supermarket chain Metro, discounters Super C and Food Basics, and ethnic food grocer Adonis, while its pharmacies primarily operate under the Jean Coutu and Brunet trademarks. Metro operates both as a food retailer and a franchisor, licensing its trademarks and supplying merchandise to registered pharmacists. The firm also acts as a wholesaler and distributor to serve smaller, neighborhood grocery stores. Unlike peers Loblaw and Sobeys that operate chain stores across Canada, Metro's operations are concentrated in the provinces of Quebec and Ontario, with no presence in western Canada.

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