Al Ansari Financial Services (DFM:ALANSARI) COGS-to-Revenue : 0.33 (As of Mar. 2024)

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What is Al Ansari Financial Services COGS-to-Revenue?

Al Ansari Financial Services's Cost of Goods Sold for the three months ended in Mar. 2024 was د.إ90 Mil. Its Revenue for the three months ended in Mar. 2024 was د.إ275 Mil.

Al Ansari Financial Services's COGS to Revenue for the three months ended in Mar. 2024 was 0.33.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Al Ansari Financial Services's Gross Margin % for the three months ended in Mar. 2024 was 67.12%.

Al Ansari Financial Services COGS-to-Revenue Historical Data

The historical data trend for Al Ansari Financial Services'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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Al Ansari Financial Services COGS-to-Revenue Chart

Al Ansari Financial Services Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.32

0.29

0.27

0.26

0.31

Al Ansari Financial Services Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial						0.28	0.39	0.40	0.36	0.33

Al Ansari Financial Services COGS-to-Revenue Calculation

Al Ansari Financial Services's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	349.628	/	1142.616
	=	0.31

Al Ansari Financial Services's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	90.319	/	274.726
	=	0.33

Al Ansari Financial Services (DFM:ALANSARI) COGS-to-Revenue Explanation

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

Al Ansari Financial Services'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	-	90.319 / 274.726
	=	67.12 %

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.

Al Ansari Financial Services COGS-to-Revenue Related Terms

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Al Ansari Financial Services (DFM:ALANSARI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Al Ansari Financial Services (DFM:ALANSARI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Barsha 1, P.O Box 6176, Office No. 804, Al Ansari Business Center, Dubai, ARE

Website

https://www.aafs.ae

Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards) and transportation of cash and valuables.

Al Ansari Financial Services (DFM:ALANSARI) Headlines

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