East 33 (ASX:E33) COGS-to-Revenue : 0.59 (As of Dec. 2023)

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What is East 33 COGS-to-Revenue?

East 33's Cost of Goods Sold for the six months ended in Dec. 2023 was A$6.99 Mil. Its Revenue for the six months ended in Dec. 2023 was A$11.75 Mil.

East 33's COGS to Revenue for the six months ended in Dec. 2023 was 0.59.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. East 33's Gross Margin % for the six months ended in Dec. 2023 was 40.53%.

East 33 COGS-to-Revenue Historical Data

The historical data trend for East 33'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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East 33 COGS-to-Revenue Chart

East 33 Annual Data

Trend

Jun22

Jun23

COGS-to-Revenue

0.73

0.57

East 33 Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial			0.63	0.82	0.55	0.59	0.59

East 33 COGS-to-Revenue Calculation

East 33's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	13.941	/	24.595
	=	0.57

East 33's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6.989	/	11.753
	=	0.59

East 33 (ASX:E33) COGS-to-Revenue Explanation

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

East 33's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	6.989 / 11.753
	=	40.53 %

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.

East 33 COGS-to-Revenue Related Terms

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East 33 (ASX:E33) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » East 33 Ltd (ASX:E33) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Point Road, Tuncurry, NSW, AUS, 2428

Website

https://www.east33.sydney

East 33 Ltd operates in the aquaculture and seafood industry. The company produces and supplies rock oysters. The oysters are supplied mainly to restaurants, retailers, food service companies, and wholesalers. It operates into three reportable segments Oyster farming involves the growing and wholesaling of live oysters in Australia; Distribution comprises the wholesale and retail distribution of oysters in Australia; and Sundry units involved in selling liquor to retail customers, provision restaurant services, online sales of oysters and complimentary products in Australia.

East 33 (ASX:E33) Headlines

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