Heriot REIT (JSE:HET) COGS-to-Revenue : 0.34 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Heriot REIT COGS-to-Revenue?

Heriot REIT's Cost of Goods Sold for the six months ended in Dec. 2023 was R204.9 Mil. Its Revenue for the six months ended in Dec. 2023 was R596.6 Mil.

Heriot REIT's COGS to Revenue for the six months ended in Dec. 2023 was 0.34.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Heriot REIT's Gross Margin % for the six months ended in Dec. 2023 was 65.66%.

Heriot REIT COGS-to-Revenue Historical Data

The historical data trend for Heriot 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.

* Premium members only.

Heriot REIT COGS-to-Revenue Chart

Heriot REIT Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

Get a 7-Day Free Trial

0.06

0.35

0.39

0.43

0.42

Heriot REIT Semi-Annual Data
	Nov17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial							0.34	0.58	0.34	0.54	0.34

Heriot REIT COGS-to-Revenue Calculation

Heriot REIT's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	202.032	/	484.867
	=	0.42

Heriot REIT's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	204.905	/	596.619
	=	0.34

Heriot REIT (JSE:HET) COGS-to-Revenue Explanation

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

Heriot REIT's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	204.905 / 596.619
	=	65.66 %

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.

Heriot REIT COGS-to-Revenue Related Terms

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

Heriot REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Heriot REIT Ltd (JSE:HET) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196

Website

http://www.heriotreit.com

Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

Heriot REIT Headlines

No Headlines