Grupo HerdezB de CV (MEX:HERDEZ) COGS-to-Revenue : 0.61 (As of Mar. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Grupo HerdezB de CV COGS-to-Revenue?

Grupo HerdezB de CV's Cost of Goods Sold for the three months ended in Mar. 2024 was MXN5,386 Mil. Its Revenue for the three months ended in Mar. 2024 was MXN8,886 Mil.

Grupo HerdezB de CV's COGS to Revenue for the three months ended in Mar. 2024 was 0.61.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Grupo HerdezB de CV's Gross Margin % for the three months ended in Mar. 2024 was 39.39%.

Grupo HerdezB de CV COGS-to-Revenue Historical Data

The historical data trend for Grupo HerdezB de CV'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.

Grupo HerdezB de CV COGS-to-Revenue Chart

Grupo HerdezB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.61

0.63

0.65

0.61

Grupo HerdezB de CV 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															0.64	0.62	0.59	0.60	0.61

Grupo HerdezB de CV COGS-to-Revenue Calculation

Grupo HerdezB de CV's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	22134.574	/	36212.816
	=	0.61

Grupo HerdezB de CV's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5385.947	/	8886.001
	=	0.61

Grupo HerdezB de CV (MEX:HERDEZ) COGS-to-Revenue Explanation

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

Grupo HerdezB de CV'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	-	5385.947 / 8886.001
	=	39.39 %

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.

Grupo HerdezB de CV COGS-to-Revenue Related Terms

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

Grupo HerdezB de CV (MEX:HERDEZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Grupo Herdez SAB de CV (MEX:HERDEZ) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GUZOF:USA

Address

Monte Pelvaoux 215, Col. Lomas de Chapultepec, Miguel Hidalgo, Mexico, MEX, 11000

Website

http://www.grupoherdez.com.mx

Grupo Herdez SAB de CV specialises in the processed food and ice cream industries, with its operations primarily in Mexico. The company engages in the manufacturing, purchasing, distributing, and marketing of canned and packaged food products in Mexico, as well as food products at the Mexican food segment within the United States. Product segments include burritos, canned vegetables, frozen yogurt, guacamole, and home-style salsas. Products are then sold through a variety of brands, such as Aires de Campo, Barilla, Bufalo and many more.

Grupo HerdezB de CV (MEX:HERDEZ) Headlines

No Headlines