Hovnanian Enterprises (Hovnanian Enterprises) COGS-to-Revenue : 0.80 (As of Apr. 2024)

View and export this data going back to . Start your Free Trial

What is Hovnanian Enterprises COGS-to-Revenue?

Hovnanian Enterprises's Cost of Goods Sold for the three months ended in Apr. 2024 was $565 Mil. Its Revenue for the three months ended in Apr. 2024 was $708 Mil.

Hovnanian Enterprises's COGS to Revenue for the three months ended in Apr. 2024 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hovnanian Enterprises's Gross Margin % for the three months ended in Apr. 2024 was 20.20%.

Hovnanian Enterprises COGS-to-Revenue Historical Data

The historical data trend for Hovnanian Enterprises'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.

Hovnanian Enterprises COGS-to-Revenue Chart

Hovnanian Enterprises Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

COGS-to-Revenue

Get a 7-Day Free Trial

0.85

0.84

0.81

0.78

0.79

Hovnanian Enterprises Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
COGS-to-Revenue	Get a 7-Day Free Trial															0.81	0.79	0.76	0.81	0.80

Hovnanian Enterprises COGS-to-Revenue Calculation

Hovnanian Enterprises's COGS to Revenue for the fiscal year that ended in Oct. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2175.879	/	2756.016
	=	0.79

Hovnanian Enterprises's COGS to Revenue for the quarter that ended in Apr. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	565.305	/	708.38
	=	0.80

Hovnanian Enterprises (OTCPK:HOVVB) COGS-to-Revenue Explanation

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

Hovnanian Enterprises's Gross Margin % for the three months ended in Apr. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	565.305 / 708.38
	=	20.20 %

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.

Hovnanian Enterprises COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Hovnanian Enterprises's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Hovnanian Enterprises (Hovnanian Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Hovnanian Enterprises Inc (OTCPK:HOVVB) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

HOV:USA HOVNP.PFD:USA HO3A:Germany

Address

90 Matawan Road, Fifth Floor, Matawan, NJ, USA, 07747

Website

https://www.khov.com

Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations . The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments; Northeast which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia; Southeast which includes Florida, Georgia and South Carolina; and West which includes Arizona, California and Texas. The firm generates maximum revenue from West Segment.