Sea (LTS:0A3T) COGS-to-Revenue : 0.57 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Sea COGS-to-Revenue?

Sea's Cost of Goods Sold for the three months ended in Sep. 2024 was $2,467 Mil. Its Revenue for the three months ended in Sep. 2024 was $4,328 Mil.

Sea's COGS to Revenue for the three months ended in Sep. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sea's Gross Margin % for the three months ended in Sep. 2024 was 43.00%.

Sea COGS-to-Revenue Historical Data

The historical data trend for Sea'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.

Sea COGS-to-Revenue Chart

Sea Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.72

0.69

0.61

0.58

0.55

Sea Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial															0.56	0.58	0.58	0.58	0.57

Sea COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7229.913	/	13063.56
	=	0.55

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2467.172	/	4328.233
	=	0.57

Sea (LTS:0A3T) COGS-to-Revenue Explanation

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

Sea'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	-	2467.172 / 4328.233
	=	43.00 %

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.

Sea COGS-to-Revenue Related Terms

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

Sea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sea Ltd (LTS:0A3T) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

SE:USA SE:Mexico 931:Germany 931:Germany S2EA34:Brazil

Address

1 Fusionopolis Place, No. 17-10, Galaxis, Singapore, SGP, 138522

Website

https://www.sea.com

Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce. Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value. Shopee is a hybrid C2C and B2C marketplace platform operating in Indonesia, Taiwan, Vietnam, Thailand, Malaysia, the Philippines, and Brazil. For Garena, Free Fire is the key revenue generating game. Sea's third business, SeaMoney, provides lending, payment, digital banking, and insurance services.As of March 31, 2024, Forrest Xiaodong Li, the founder, chairman and CEO, owned 59.8% of voting power and 18.5% of issued shares. Tencent owned 18.2% of issued shares with no voting power.

Sea Headlines

No Headlines