Dream Residential REIT (Dream Residential REIT) COGS-to-Revenue : 0.45 (As of Mar. 2024)

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What is Dream Residential REIT COGS-to-Revenue?

Dream Residential REIT's Cost of Goods Sold for the three months ended in Mar. 2024 was $5.38 Mil. Its Revenue for the three months ended in Mar. 2024 was $12.01 Mil.

Dream Residential REIT's COGS to Revenue for the three months ended in Mar. 2024 was 0.45.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Dream Residential REIT's Gross Margin % for the three months ended in Mar. 2024 was 55.21%.

Dream Residential REIT COGS-to-Revenue Historical Data

The historical data trend for Dream Residential REIT'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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Dream Residential REIT COGS-to-Revenue Chart

Dream Residential REIT Annual Data

Trend

Dec22

Dec23

COGS-to-Revenue

0.48

Dream Residential REIT Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial			-	0.39	0.36	-	0.45

Dream Residential REIT COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	22.711	/	47.561
	=	0.48

Dream Residential REIT's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5.381	/	12.014
	=	0.45

Dream Residential REIT (OTCPK:DRREF) COGS-to-Revenue Explanation

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

Dream Residential REIT'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	-	5.381 / 12.014
	=	55.21 %

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.

Dream Residential REIT COGS-to-Revenue Related Terms

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Dream Residential REIT (Dream Residential REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

DRR.U:Canada

Address

30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.