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Goodfood Market (Goodfood Market) COGS-to-Revenue : 0.57 (As of Feb. 2024)


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What is Goodfood Market COGS-to-Revenue?

Goodfood Market's Cost of Goods Sold for the three months ended in Feb. 2024 was $16.8 Mil. Its Revenue for the three months ended in Feb. 2024 was $29.4 Mil.

Goodfood Market's COGS to Revenue for the three months ended in Feb. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Goodfood Market's Gross Margin % for the three months ended in Feb. 2024 was 43.04%.

Goodfood Market COGS-to-Revenue Historical Data

The historical data trend for Goodfood Market'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.

Goodfood Market COGS-to-Revenue Chart

Goodfood Market Annual Data
Trend Dec15 Dec16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only 0.75 0.70 0.69 0.75 0.61

Goodfood Market Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.59 0.59 0.62 0.61 0.57

Goodfood Market COGS-to-Revenue Calculation

Goodfood Market's COGS to Revenue for the fiscal year that ended in Aug. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=76.553 / 125.062
=0.61

Goodfood Market's COGS to Revenue for the quarter that ended in Feb. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=16.775 / 29.448
=0.57

* 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.

Goodfood Market  (OTCPK:GDDFF) COGS-to-Revenue Explanation

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

Goodfood Market's Gross Margin % for the three months ended in Feb. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 16.775 / 29.448
=43.04 %

* 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.

Goodfood Market COGS-to-Revenue Related Terms

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Goodfood Market (Goodfood Market) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Goodfood Market Corp (OTCPK:GDDFF) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
76O:Germany FOOD:Canada
Address
4600 Hickmore Street, Saint-Laurent, Montreal, QC, CAN, H4T 1K2
Website
https://www.makegoodfood.ca
Goodfood Market Corp is an online grocery company in Canada delivering fresh meal solutions and groceries that make it easy for members to enjoy delicious meals at home every day. The principal business activity is focused on developing and servicing the online meal kit and grocery add-on market. Goodfood members have access to products and exclusive pricing made possible by its direct-to-consumer fulfilment ecosystem that eliminates waste and retail overhead. It has a production facility and administrative offices in Montreal, with five additional facilities located in Quebec, Ontario, Alberta, and British Columbia. The Company is passionate about connecting its partner farms and suppliers to its customers' kitchens while eliminating food waste and costly retail overhead.