Jordan Express Tourist Transport (AMM:JETT) COGS-to-Revenue : 0.78 (As of Sep. 2024)

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What is Jordan Express Tourist Transport COGS-to-Revenue?

Jordan Express Tourist Transport's Cost of Goods Sold for the three months ended in Sep. 2024 was JOD4.39 Mil. Its Revenue for the three months ended in Sep. 2024 was JOD5.65 Mil.

Jordan Express Tourist Transport's COGS to Revenue for the three months ended in Sep. 2024 was 0.78.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Jordan Express Tourist Transport's Gross Margin % for the three months ended in Sep. 2024 was 22.30%.

Jordan Express Tourist Transport COGS-to-Revenue Historical Data

The historical data trend for Jordan Express Tourist Transport'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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Jordan Express Tourist Transport COGS-to-Revenue Chart

Jordan Express Tourist Transport Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.77

1.05

0.86

0.77

Jordan Express Tourist Transport Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial															0.68	0.96	0.92	0.76	0.78

Jordan Express Tourist Transport COGS-to-Revenue Calculation

Jordan Express Tourist Transport's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	18.98	/	24.621
	=	0.77

Jordan Express Tourist Transport's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.393	/	5.654
	=	0.78

Jordan Express Tourist Transport (AMM:JETT) COGS-to-Revenue Explanation

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

Jordan Express Tourist Transport's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	4.393 / 5.654
	=	22.30 %

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.

Jordan Express Tourist Transport COGS-to-Revenue Related Terms

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Jordan Express Tourist Transport Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jordan Express Tourist Transport (AMM:JETT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box : 3515, Amman, JOR, 11821

Website

https://www.jett.com.jo

Jordan Express Tourist Transport operates as a tourist bus transportation company. It provides a safe, secure, and punctual public transportation and tours bus service system. The company's main objective to provide transport tourists, pilgrims, and others, purchasing tour buses to transport tourists inside and outside the Kingdom. Jordan's segments include the Tourist Transportation segment; Passengers transportation segment, Fuel Segment, and JTT segment.

Jordan Express Tourist Transport Headlines

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