Air Astana JSC (LSE:AIRA) COGS-to-Revenue : 0.53 (As of Sep. 2024)

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What is Air Astana JSC COGS-to-Revenue?

Air Astana JSC's Cost of Goods Sold for the three months ended in Sep. 2024 was $211.7 Mil. Its Revenue for the three months ended in Sep. 2024 was $402.8 Mil.

Air Astana JSC's COGS to Revenue for the three months ended in Sep. 2024 was 0.53.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Air Astana JSC's Gross Margin % for the three months ended in Sep. 2024 was 47.44%.

Air Astana JSC COGS-to-Revenue Historical Data

The historical data trend for Air Astana JSC'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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Air Astana JSC COGS-to-Revenue Chart

Air Astana JSC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.82

0.61

0.56

Air Astana JSC Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial				0.61	0.52	0.61	0.65	0.53

Air Astana JSC COGS-to-Revenue Calculation

Air Astana JSC's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	658.027	/	1164.729
	=	0.56

Air Astana JSC's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	211.726	/	402.828
	=	0.53

Air Astana JSC (LSE:AIRA) COGS-to-Revenue Explanation

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

Air Astana JSC's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	211.726 / 402.828
	=	47.44 %

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.

Air Astana JSC COGS-to-Revenue Related Terms

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Air Astana JSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Air Astana JSC (LSE:AIRA) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

AIRA:Kazakhstan AIRAl:UK 7YH:Germany

Address

4A Zakarpatskaya Street, Turksib District, Almaty, KAZ, 010000

Website

https://www.airastana.com

Air Astana JSC is an airline company. It provides scheduled, point-to-point and transit, short-haul and long-haul air travel and cargo on domestic, intra-regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East and Asia (including India and China) and has a fleet of 47 aircraft. The company group has two operating segments, Air Astana and FlyArystan. Air Astana's activities consist of mainly domestic and international passenger and cargo air transportation as a full-service brand. Fly Arystan activities consist of mainly domestic and international passenger and cargo air transportation as a low-cost brand. Maximum revenue is generated from the Air Astana segment.

Air Astana JSC Headlines

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