Good Drinks Australia (ASX:GDA) COGS-to-Revenue : 0.48 (As of Dec. 2023)

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What is Good Drinks Australia COGS-to-Revenue?

Good Drinks Australia's Cost of Goods Sold for the six months ended in Dec. 2023 was A$27.6 Mil. Its Revenue for the six months ended in Dec. 2023 was A$58.1 Mil.

Good Drinks Australia's COGS to Revenue for the six months ended in Dec. 2023 was 0.48.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Good Drinks Australia's Gross Margin % for the six months ended in Dec. 2023 was 52.50%.

Good Drinks Australia COGS-to-Revenue Historical Data

The historical data trend for Good Drinks Australia'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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Good Drinks Australia COGS-to-Revenue Chart

Good Drinks Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

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0.36

0.38

0.22

0.36

0.49

Good Drinks Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.35	0.38	0.47	0.52	0.48

Good Drinks Australia COGS-to-Revenue Calculation

Good Drinks Australia's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	52.263	/	106.226
	=	0.49

Good Drinks Australia's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	27.591	/	58.081
	=	0.48

Good Drinks Australia (ASX:GDA) COGS-to-Revenue Explanation

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

Good Drinks Australia'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	-	27.591 / 58.081
	=	52.50 %

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.

Good Drinks Australia COGS-to-Revenue Related Terms

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Good Drinks Australia (ASX:GDA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Good Drinks Australia Ltd (ASX:GDA) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

14 Absolon Street, Palmyra, Perth, WA, AUS, 6157

Website

https://www.gooddrinks.com.au

Good Drinks Australia Ltd is an Australia-based company operating in two segments; Core Business; the manufacturing, marketing, and selling of own branded beer, cider, and other beverages, and Hospitality; the operating of hospitality venues. The company offers its products under Gage Roads, Matso's, Alby, Atomic beer project, Hello sunshine, and San Miguel brand names.

Good Drinks Australia (ASX:GDA) Headlines

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