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CGJTF (Cargojet) COGS-to-Revenue : 0.75 (As of Sep. 2024)


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What is Cargojet COGS-to-Revenue?

Cargojet's Cost of Goods Sold for the three months ended in Sep. 2024 was $135.2 Mil. Its Revenue for the three months ended in Sep. 2024 was $181.3 Mil.

Cargojet's COGS to Revenue for the three months ended in Sep. 2024 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Cargojet's Gross Margin % for the three months ended in Sep. 2024 was 25.41%.


Cargojet COGS-to-Revenue Historical Data

The historical data trend for Cargojet'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.

* Premium members only.

Cargojet COGS-to-Revenue Chart

Cargojet Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.63 0.69 0.75 0.84

Cargojet Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.93 0.81 0.80 0.75

Cargojet COGS-to-Revenue Calculation

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

COGS to Revenue=Cost of Goods Sold / Revenue
=551.133 / 654.07
=0.84

Cargojet's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=135.243 / 181.308
=0.75

* 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.


Cargojet  (OTCPK:CGJTF) COGS-to-Revenue Explanation

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

Cargojet's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 135.243 / 181.308
=25.41 %

* 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.

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.


Cargojet COGS-to-Revenue Related Terms

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Cargojet Business Description

Traded in Other Exchanges
Address
2281 North Sheridan Way, Mississauga, ON, CAN, L5K 2S3
Cargojet Inc operates a domestic air cargo co-load network between major Canadian cities. The company provides dedicated aircraft to customers on an Aircraft, Crew, Maintenance and Insurance basis, operating between points in Canada, USA, Mexico and Europe. The company also operates scheduled international routes for multiple cargo customers between the USA and Bermuda, between Canada, UK and Germany, and between Canada and Mexico.

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