Planet Fitness (BSP:P2LN34) COGS-to-Revenue : 0.49 (As of Dec. 2023)

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What is Planet Fitness COGS-to-Revenue?

Planet Fitness's Cost of Goods Sold for the three months ended in Dec. 2023 was R$689 Mil. Its Revenue for the three months ended in Dec. 2023 was R$1,397 Mil.

Planet Fitness's COGS to Revenue for the three months ended in Dec. 2023 was 0.49.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Planet Fitness's Gross Margin % for the three months ended in Dec. 2023 was 50.66%.

Planet Fitness COGS-to-Revenue Historical Data

The historical data trend for Planet Fitness'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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Planet Fitness COGS-to-Revenue Chart

Planet Fitness Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.48

0.54

0.46

0.49

0.48

Planet Fitness Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.52	0.46	0.48	0.48	0.49

Planet Fitness COGS-to-Revenue Calculation

Planet Fitness's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2517.223	/	5249.283
	=	0.48

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	689.264	/	1396.864
	=	0.49

Planet Fitness (BSP:P2LN34) COGS-to-Revenue Explanation

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

Planet Fitness's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	689.264 / 1396.864
	=	50.66 %

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.

Planet Fitness COGS-to-Revenue Related Terms

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Planet Fitness (BSP:P2LN34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Planet Fitness Inc (BSP:P2LN34) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

PLNT:USA 3PL:Germany 3PL:Germany

Address

4 Liberty Lane West, Hampton, NH, USA, 03842

Website

https://www.planetfitness.com

Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company's reportable segments are Franchise, Corporate-owned stores, and Equipment. Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia, Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada, and The Equipment segment includes the sale of equipment to franchisee-owned stores in the U.S. The firm generates a majority of its revenue from the Corporate-owned stores segment.

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