Cementos Argos S.A. (BOG:PFCEMARGOS.PFD) COGS-to-Revenue : 0.75 (As of Sep. 2023)

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What is Cementos Argos S.A. COGS-to-Revenue?

Cementos Argos S.A.'s Cost of Goods Sold for the three months ended in Sep. 2023 was COP2,307,349.00 Mil. Its Revenue for the three months ended in Sep. 2023 was COP3,086,634.00 Mil.

Cementos Argos S.A.'s COGS to Revenue for the three months ended in Sep. 2023 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Cementos Argos S.A.'s Gross Margin % for the three months ended in Sep. 2023 was 25.25%.

Cementos Argos S.A. COGS-to-Revenue Historical Data

The historical data trend for Cementos Argos S.A.'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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Cementos Argos S.A. COGS-to-Revenue Chart

Cementos Argos S.A. Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.81

0.83

0.82

0.81

0.82

Cementos Argos S.A. Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.81	0.82	0.81	0.78	0.75

Cementos Argos S.A. COGS-to-Revenue Calculation

Cementos Argos S.A.'s COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9626424	/	11684055
	=	0.82

Cementos Argos S.A.'s COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2307349	/	3086634
	=	0.75

Cementos Argos S.A. (BOG:PFCEMARGOS.PFD) COGS-to-Revenue Explanation

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

Cementos Argos S.A.'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	-	2307349 / 3086634
	=	25.25 %

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.

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Cementos Argos S.A. (BOG:PFCEMARGOS.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Argos S.A. (BOG:PFCEMARGOS.PFD) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

CMTOY:USA CEMARGOS:Columbia

Address

Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL

Website

https://www.argos.co

Cementos Argos S.A. is a cement producing company. In terms of the concrete business it is Colombia's leading producer and the second-largest producer in the United States. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title.

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