The GO2 People (ASX:GO2) COGS-to-Revenue : 0.85 (As of Dec. 2022)

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What is The GO2 People COGS-to-Revenue?

The GO2 People's Cost of Goods Sold for the six months ended in Dec. 2022 was A$36.51 Mil. Its Revenue for the six months ended in Dec. 2022 was A$43.17 Mil.

The GO2 People's COGS to Revenue for the six months ended in Dec. 2022 was 0.85.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. The GO2 People's Gross Margin % for the six months ended in Dec. 2022 was 15.43%.

The GO2 People COGS-to-Revenue Historical Data

The historical data trend for The GO2 People'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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The GO2 People COGS-to-Revenue Chart

The GO2 People Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

COGS-to-Revenue

0.88

0.90

0.87

0.85

0.72

The GO2 People Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
COGS-to-Revenue	Get a 7-Day Free Trial						0.89	0.82	0.69	0.75	0.85

The GO2 People COGS-to-Revenue Calculation

The GO2 People's COGS to Revenue for the fiscal year that ended in Jun. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	53.089	/	73.716
	=	0.72

The GO2 People's COGS to Revenue for the quarter that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	36.508	/	43.17
	=	0.85

The GO2 People (ASX:GO2) COGS-to-Revenue Explanation

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

The GO2 People's Gross Margin % for the six months ended in Dec. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	36.508 / 43.17
	=	15.43 %

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.

The GO2 People COGS-to-Revenue Related Terms

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The GO2 People (ASX:GO2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » The GO2 People Ltd (ASX:GO2) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

3/271 Berkshire Road, Forrestfield, Perth, WA, AUS, 6058

Website

https://www.thego2people.com.au

The GO2 People Ltd is one of the providers of vertically integrated recruitment and building services to industries throughout Australia. The company derives a majority of its revenue from Recruitment income.

The GO2 People (ASX:GO2) Headlines

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