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Noor Financial Investment Co (KUW:NOOR) COGS-to-Revenue : 0.57 (As of Mar. 2024)


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What is Noor Financial Investment Co COGS-to-Revenue?

Noor Financial Investment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD2.43 Mil. Its Revenue for the three months ended in Mar. 2024 was KWD4.26 Mil.

Noor Financial Investment Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Noor Financial Investment Co's Gross Margin % for the three months ended in Mar. 2024 was 42.89%.

Noor Financial Investment Co COGS-to-Revenue Historical Data

The historical data trend for Noor Financial Investment Co'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.

Noor Financial Investment Co COGS-to-Revenue Chart

Noor Financial Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.90 0.89 0.81 0.75

Noor Financial Investment Co 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 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 0.56 0.59 0.55 1.50 0.57

Noor Financial Investment Co COGS-to-Revenue Calculation

Noor Financial Investment Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=12.076 / 16.057
=0.75

Noor Financial Investment Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2.43 / 4.255
=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.

Noor Financial Investment Co  (KUW:NOOR) COGS-to-Revenue Explanation

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

Noor Financial Investment Co'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 - 2.43 / 4.255
=42.89 %

* 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.

Noor Financial Investment Co COGS-to-Revenue Related Terms

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Noor Financial Investment Co (KUW:NOOR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Noor Financial Investment Co (KUW:NOOR) » Definitions » COGS-to-Revenue
Comparable Companies
KUW:KINV KUW:QIC KUW:TAHSSILAT MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW HKSE:03908 SHSE:601688 LPLA SHSE:601211 SHSE:600999 SHSE:600837 SZSE:000776 SZSE:000166
Traded in Other Exchanges
N/A
Address
Intersection of Jahra Street & Airport Road, PO Box 3311, Safat, Noor Building, Shuwaikh, Kuwait, KWT, 13034
Website
https://www.noorinvestment.com
Noor Financial Investment Co is engaged in investment activities and financial services primarily in Kuwait, the Middle East, Asia, and other emerging markets. It has a diverse portfolio of Direct Capital Market Investments, Real Estate and Alternative Investments. The company manages a proprietary listed equity portfolio comprising local, GCC and international equities. The Marketable Securities Unit continues to deploy funds in GCC and International equity markets achieving strong returns. The company operates in four segment i.e investment, Real Estate, IT services, and Hotel business.

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