Logistec (Logistec) COGS-to-Revenue : 0.79 (As of Sep. 2023)

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What is Logistec COGS-to-Revenue?

Logistec's Cost of Goods Sold for the three months ended in Sep. 2023 was $179.7 Mil. Its Revenue for the three months ended in Sep. 2023 was $227.0 Mil.

Logistec's COGS to Revenue for the three months ended in Sep. 2023 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Logistec's Gross Margin % for the three months ended in Sep. 2023 was 20.82%.

Logistec COGS-to-Revenue Historical Data

The historical data trend for Logistec'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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Logistec COGS-to-Revenue Chart

Logistec Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.83

0.81

0.79

0.80

Logistec Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.77	0.76	0.86	0.80	0.79

Logistec COGS-to-Revenue Calculation

Logistec's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	530.054	/	660.703
	=	0.80

Logistec's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	179.727	/	226.997
	=	0.79

Logistec (OTCPK:LTKBF) COGS-to-Revenue Explanation

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

Logistec's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	179.727 / 226.997
	=	20.82 %

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.

Logistec COGS-to-Revenue Related Terms

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Logistec (Logistec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Logistec Corp (OTCPK:LTKBF) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

LGT.B:Canada LGT.A:Canada

Address

600 De La Gauchetiere Street West, 14th Floor, Montreal, QC, CAN, H3B 4L2

Website

https://www.logistec.com

Logistec Corp provides specialized cargo handling and other services to a wide variety of marine, industrial and municipal customers. It has cargo handling facilities in ports across North America and offers marine agency services to foreign shipowners and operators serving the Canadian market. The company is widely diversified on the basis of cargo type and port location with a balance between import and export activities. The company is organized and operate in two industry segments: Marine services, and Environmental services. The Marine Services Segment which is the key revenue-generating segment provides cargo handling and other services to marine and industrial customers. It has a business presence in Canada and the US.