Rite Aid (FRA:RTA1) COGS-to-Revenue : 0.81 (As of Aug. 2023)

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What is Rite Aid COGS-to-Revenue?

Rite Aid's Cost of Goods Sold for the three months ended in Aug. 2023 was €4,173 Mil. Its Revenue for the three months ended in Aug. 2023 was €5,177 Mil.

Rite Aid's COGS to Revenue for the three months ended in Aug. 2023 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Rite Aid's Gross Margin % for the three months ended in Aug. 2023 was 19.40%.

Rite Aid COGS-to-Revenue Historical Data

The historical data trend for Rite Aid'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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Rite Aid COGS-to-Revenue Chart

Rite Aid Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

COGS-to-Revenue

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0.78

0.80

0.79

0.80

Rite Aid Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
COGS-to-Revenue	Get a 7-Day Free Trial															0.80	0.80	0.80	0.79	0.81

Rite Aid COGS-to-Revenue Calculation

Rite Aid's COGS to Revenue for the fiscal year that ended in Feb. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	18014.954	/	22501.834
	=	0.80

Rite Aid's COGS to Revenue for the quarter that ended in Aug. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4172.794	/	5177.456
	=	0.81

Rite Aid (FRA:RTA1) COGS-to-Revenue Explanation

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

Rite Aid's Gross Margin % for the three months ended in Aug. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	4172.794 / 5177.456
	=	19.40 %

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.

Rite Aid COGS-to-Revenue Related Terms

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Rite Aid (FRA:RTA1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rite Aid Corp (FRA:RTA1) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

RADCQ:USA

Address

1200 Intrepid Avenue, PO Box 3165, Philadelphia, PA, USA, 17105

Website

https://www.riteaid.com

Rite Aid Corp is a large retail drugstore chain in the United States. The company reports via two segments: retail pharmacy and pharmacy services. The retail pharmacy segment generates revenue primarily through the sale of prescription drugs, along with an assortment of merchandise that includes over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and numerous other everyday consumables. The pharmacy-services segment relates to EnvisionRx, a fully owned subsidiary that operates as a pharmacy benefit management provider offering a broad range of pharmaceutical services.

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