TGB Banquets & Hotels (BOM:532845) COGS-to-Revenue : 1.17 (As of Mar. 2024)

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What is TGB Banquets & Hotels COGS-to-Revenue?

TGB Banquets & Hotels's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹104.1 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹88.8 Mil.

TGB Banquets & Hotels's COGS to Revenue for the three months ended in Mar. 2024 was 1.17.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. TGB Banquets & Hotels's Gross Margin % for the three months ended in Mar. 2024 was -17.31%.

TGB Banquets & Hotels COGS-to-Revenue Historical Data

The historical data trend for TGB Banquets & Hotels'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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TGB Banquets & Hotels COGS-to-Revenue Chart

TGB Banquets & Hotels Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.30

0.40

0.43

0.55

0.52

TGB Banquets & Hotels Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.91	0.50	0.28	0.31	1.17

TGB Banquets & Hotels COGS-to-Revenue Calculation

TGB Banquets & Hotels's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	186.93	/	360.634
	=	0.52

TGB Banquets & Hotels's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	104.129	/	88.767
	=	1.17

TGB Banquets & Hotels (BOM:532845) COGS-to-Revenue Explanation

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

TGB Banquets & Hotels's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	104.129 / 88.767
	=	-17.31 %

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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TGB Banquets & Hotels (BOM:532845) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TGB Banquets & Hotels Ltd (BOM:532845) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TGBHOTELS:India

Address

S.G. Road, The Grand Bhagwati, Plot no. 380, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.thegrandbhagwati.com

TGB Banquets & Hotels Ltd is an Indian company engaged in the lodging business sector. The firm operates hotels, restaurants, and banquets. It operates under the brand name The Grand Bhagwati, also known as TGB in India. Other activities of the company include the provision of catering services. It derives revenue from rooms, food and beverages, and allied services relating to hotel operations.

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