Arabian Plastic Industrial Co (SAU:9548) COGS-to-Revenue : 0.83 (As of Jun. 2024)

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What is Arabian Plastic Industrial Co COGS-to-Revenue?

Arabian Plastic Industrial Co's Cost of Goods Sold for the six months ended in Jun. 2024 was ﷼71.7 Mil. Its Revenue for the six months ended in Jun. 2024 was ﷼86.4 Mil.

Arabian Plastic Industrial Co's COGS to Revenue for the six months ended in Jun. 2024 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Arabian Plastic Industrial Co's Gross Margin % for the six months ended in Jun. 2024 was 17.02%.

Arabian Plastic Industrial Co COGS-to-Revenue Historical Data

The historical data trend for Arabian Plastic Industrial 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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Arabian Plastic Industrial Co COGS-to-Revenue Chart

Arabian Plastic Industrial Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.84

0.85

0.86

0.82

Arabian Plastic Industrial Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial			0.86	0.86	0.83	0.81	0.83

Arabian Plastic Industrial Co COGS-to-Revenue Calculation

Arabian Plastic Industrial 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
	=	128.609	/	156.647
	=	0.82

Arabian Plastic Industrial Co's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	71.712	/	86.425
	=	0.83

Arabian Plastic Industrial Co (SAU:9548) COGS-to-Revenue Explanation

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

Arabian Plastic Industrial Co's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	71.712 / 86.425
	=	17.02 %

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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Arabian Plastic Industrial Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Arabian Plastic Industrial Co (SAU:9548) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street 45, Phase 3, Industrial City 1, Jeddah, SAU

Website

https://www.apico.com.sa

Arabian Plastic Industrial Co is a plastic packaging and thermoplastic injection company. The company provides superior injection molding production services, as well as high-quality extrusion of films, blow molding and thermoforming disposable products.

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