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MLKN (MillerKnoll) COGS-to-Revenue : 0.61 (As of Aug. 2024)


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What is MillerKnoll COGS-to-Revenue?

MillerKnoll's Cost of Goods Sold for the three months ended in Aug. 2024 was $525 Mil. Its Revenue for the three months ended in Aug. 2024 was $862 Mil.

MillerKnoll's COGS to Revenue for the three months ended in Aug. 2024 was 0.61.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. MillerKnoll's Gross Margin % for the three months ended in Aug. 2024 was 39.04%.

MillerKnoll COGS-to-Revenue Historical Data

The historical data trend for MillerKnoll'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.

MillerKnoll COGS-to-Revenue Chart

MillerKnoll Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.61 0.66 0.65 0.61

MillerKnoll Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 0.61 0.61 0.61 0.60 0.61

MillerKnoll COGS-to-Revenue Calculation

MillerKnoll's COGS to Revenue for the fiscal year that ended in May. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2208.9 / 3628.4
=0.61

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

COGS to Revenue=Cost of Goods Sold / Revenue
=525.2 / 861.5
=0.61

* 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.

MillerKnoll  (NAS:MLKN) COGS-to-Revenue Explanation

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

MillerKnoll's Gross Margin % for the three months ended in Aug. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 525.2 / 861.5
=39.04 %

* 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.

MillerKnoll COGS-to-Revenue Related Terms

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MillerKnoll Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » MillerKnoll Inc (NAS:MLKN) » Definitions » COGS-to-Revenue
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MHR:Germany
Address
855 East Main Avenue, P.O. Box 302, Zeeland, MI, USA, 49464
Website
https://www.millerknoll.com
MillerKnoll Inc, formerly Herman Miller Inc researches, designs, manufactures, sells, and distributes interior furnishings across the globe. The Company has three reportable segments: Americas Contract , International Contract & Specialty International & Specialty and Global Retail. The company's products are sold through a variety of sources, including owned and independent contract furniture dealers, direct customer sales, owned and independent retailers, direct-mail catalogs, and the company's online stores. The independent retailer division generates the majority of the firm's overall sales.
Executives
Jeffrey M Stutz officer: TreasVPInvst Relatn 855 EAST MAIN, ZEELAND MI 49464
Mike C. Smith director STITCH FIX, INC., ONE MONTGOMERY STREET, SUITE 1500, SAN FRANCISCO CA 94104
Michael A Volkema director
Michael R Smith director 18 LOVETON CIRCLE, SPARKS MD 21152
Lisa A Kro director 3700 WELLS FARGO CENTER, 90 SOUTH 7TH STREET, MINNEAPOLIS MN 55402
Megan Lyon other: Chief Strategy Officer 855 EAST MAIN, ZEELAND MI 49464
Andi Owen officer: President & CEO 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Richard Scott other: Chief Mfg and Ops Officer 855 EAST MAIN, ZEELAND MI 49464
Bruce Benedict Watson other: Executive Creative Director 855 EAST MAIN, ZEELAND MI 49464
Kartik Shethia other: President - Intl Contract 855 EAST MAIN AVE, ZEELAND MI 49464
Jeffrey L. Kurburski other: VP Information Tech 855 EAST MAIN, ZEELAND MI 49464
Christopher M Baldwin other: Group President, MillerKnoll C/O KNOLL INC, 1235 WATER STREET, EAST GREENVILLE PA 18041
Jennifer K. Nicol other: Chief People Officer 855 EAST MAIN AVE, ZEELAND MI 49464
John P Michael officer: President, N America Contract 855 EAST MAIN, ZEELAND MI 49464
Debbie F Propst officer: President - HM Consumer 855 EAST MAIN, ZEELAND MI 49464