Migros Turk TAS (IST:MGROS) COGS-to-Revenue : 0.80 (As of Mar. 2024)

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What is Migros Turk TAS COGS-to-Revenue?

Migros Turk TAS's Cost of Goods Sold for the three months ended in Mar. 2024 was ₺41,742 Mil. Its Revenue for the three months ended in Mar. 2024 was ₺52,406 Mil.

Migros Turk TAS's COGS to Revenue for the three months ended in Mar. 2024 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Migros Turk TAS's Gross Margin % for the three months ended in Mar. 2024 was 20.35%.

Migros Turk TAS COGS-to-Revenue Historical Data

The historical data trend for Migros Turk TAS'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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Migros Turk TAS COGS-to-Revenue Chart

Migros Turk TAS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.73

0.76

0.81

Migros Turk TAS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.80	0.77	0.76	0.88	0.80

Migros Turk TAS COGS-to-Revenue Calculation

Migros Turk TAS's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	147671.404	/	181674.337
	=	0.81

Migros Turk TAS's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	41741.539	/	52406.305
	=	0.80

Migros Turk TAS (IST:MGROS) COGS-to-Revenue Explanation

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

Migros Turk TAS'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	-	41741.539 / 52406.305
	=	20.35 %

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.

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Migros Turk TAS (IST:MGROS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Migros Turk TAS (IST:MGROS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Atatürk Mah. Turgut Özal Bulvar? No: 7, Atasehir - Istanbul, TUR, 34758

Website

http://www.migroskurumsal.com

Migros Turk TAS is a Turkey-based company that is principally engaged in the retail business. The company offers a broad range of merchandise, including food items, groceries, cosmetics, glass and kitchenware, stationery, electronic appliances, books, and others. The company operates through a number of store brands, including Migros stores, which account for the majority of the company's total stores; Macrocenter stores, which provides exclusive goods; and Ramstore stores, which are located outside Turkey and offer Turkish products. The company also operates business through an online channel. It generates the majority of its total revenue from the domestic market.

Migros Turk TAS (IST:MGROS) Headlines

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