Shengfeng Development (Shengfeng Development) COGS-to-Revenue : 0.89 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Shengfeng Development COGS-to-Revenue?

Shengfeng Development's Cost of Goods Sold for the six months ended in Dec. 2023 was $195.4 Mil. Its Revenue for the six months ended in Dec. 2023 was $219.2 Mil.

Shengfeng Development's COGS to Revenue for the six months ended in Dec. 2023 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shengfeng Development's Gross Margin % for the six months ended in Dec. 2023 was 10.83%.

Shengfeng Development COGS-to-Revenue Historical Data

The historical data trend for Shengfeng Development'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.

Shengfeng Development COGS-to-Revenue Chart

Shengfeng Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.87

0.88

0.89

0.88

Shengfeng Development Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial			0.88	0.89	0.89	0.88	0.89

Shengfeng Development COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	357.615	/	404.121
	=	0.88

Shengfeng Development's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	195.42	/	219.15
	=	0.89

Shengfeng Development (NAS:SFWL) COGS-to-Revenue Explanation

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

Shengfeng Development's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	195.42 / 219.15
	=	10.83 %

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.

Shengfeng Development COGS-to-Revenue Related Terms

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

Shengfeng Development (Shengfeng Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Shengfeng Development Ltd (NAS:SFWL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 478 Fuxin East Road, Shengfeng Building, Jinan District,, Fuzhou City, CHN, 350001

Website

http://www.sfwl.com.cn

Shengfeng Development Ltd is a holding company. The firm through its subsidiaries engages in cargo warehousing, road transportation, and urban distribution. It offers contract logistics services comprising planning and designing supply chains, designing facilities, processing orders, collecting payments, managing inventories, and providing client services. Its integrated logistics solution services are comprised of three segments: B2B freight transportation; cloud storage; and value-added services.

Shengfeng Development (Shengfeng Development) Headlines

From GuruFocus

Shengfeng Development Limited Purchases Electric Heavy-Duty Trucks

By PRNewswire PRNewswire • 06-12-2023