Saudi Ground Services Co (SAU:4031) COGS-to-Revenue : 0.81 (As of Mar. 2024)

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What is Saudi Ground Services Co COGS-to-Revenue?

Saudi Ground Services Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼532 Mil. Its Revenue for the three months ended in Mar. 2024 was ﷼653 Mil.

Saudi Ground Services Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Saudi Ground Services Co's Gross Margin % for the three months ended in Mar. 2024 was 18.59%.

Saudi Ground Services Co COGS-to-Revenue Historical Data

The historical data trend for Saudi Ground Services Co'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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Saudi Ground Services Co COGS-to-Revenue Chart

Saudi Ground Services Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.73

1.02

0.88

0.92

0.83

Saudi Ground Services Co 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															0.82	0.84	0.82	0.86	0.81

Saudi Ground Services Co COGS-to-Revenue Calculation

Saudi Ground Services Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2049.876	/	2458.888
	=	0.83

Saudi Ground Services Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	531.767	/	653.197
	=	0.81

Saudi Ground Services Co (SAU:4031) COGS-to-Revenue Explanation

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

Saudi Ground Services Co'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	-	531.767 / 653.197
	=	18.59 %

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.

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Saudi Ground Services Co (SAU:4031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Saudi Ground Services Co (SAU:4031) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Abdul Aziz Road, Al Yasamin Commercial Center, P.O.Box:48154, Al-Basatin district, Jeddah, SAU, 21572

Website

https://www.saudiags.com

Saudi Ground Services Co provides ground management services to airline customers. The company is engaged in providing aircraft cleaning, passenger handling, fuel, baggage, and ground handling services to Saudi Arabian Airlines as well as other local and foreign airlines.

Saudi Ground Services Co (SAU:4031) Headlines

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