Ghitha Holding PJSC (ADX:GHITHA) COGS-to-Revenue : 0.83 (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Ghitha Holding PJSC COGS-to-Revenue?

Ghitha Holding PJSC's Cost of Goods Sold for the three months ended in Sep. 2023 was د.إ1,030 Mil. Its Revenue for the three months ended in Sep. 2023 was د.إ1,244 Mil.

Ghitha Holding PJSC's COGS to Revenue for the three months ended in Sep. 2023 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ghitha Holding PJSC's Gross Margin % for the three months ended in Sep. 2023 was 17.22%.

Ghitha Holding PJSC COGS-to-Revenue Historical Data

The historical data trend for Ghitha Holding 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.

* Premium members only.

Ghitha Holding PJSC COGS-to-Revenue Chart

Ghitha Holding PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

0.90

0.89

0.88

0.83

Ghitha Holding PJSC Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial							0.78	0.86	0.83	0.85	0.83

Ghitha Holding PJSC COGS-to-Revenue Calculation

Ghitha Holding 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
	=	1895.244	/	2278.566
	=	0.83

Ghitha Holding PJSC's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1030.181	/	1244.488
	=	0.83

Ghitha Holding PJSC (ADX:GHITHA) COGS-to-Revenue Explanation

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

Ghitha Holding PJSC's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1030.181 / 1244.488
	=	17.22 %

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.

Ghitha Holding PJSC COGS-to-Revenue Related Terms

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

Ghitha Holding PJSC (ADX:GHITHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ghitha Holding PJSC (ADX:GHITHA) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Meena Zayed Port Area, P.O. Box 53314, Abu Dhabi, ARE

Website

https://www.ghitha.com

Ghitha Holding PJSC is engaged in trading, re-packaging, storage, and distribution of food and non-food products. The product portfolio includes dry food products, canned foods, frozen food, processed food items, household items, stationeries, disposables, toiletries, chemicals, and other products.

Ghitha Holding PJSC (ADX:GHITHA) Headlines

No Headlines