CarGurus (STU:0C6) COGS-to-Revenue : 0.19 (As of Mar. 2024)

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What is CarGurus COGS-to-Revenue?

CarGurus's Cost of Goods Sold for the three months ended in Mar. 2024 was €37.6 Mil. Its Revenue for the three months ended in Mar. 2024 was €198.5 Mil.

CarGurus's COGS to Revenue for the three months ended in Mar. 2024 was 0.19.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CarGurus's Gross Margin % for the three months ended in Mar. 2024 was 81.08%.

CarGurus COGS-to-Revenue Historical Data

The historical data trend for CarGurus'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.

CarGurus COGS-to-Revenue Chart

CarGurus Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.06

0.08

0.31

0.60

0.29

CarGurus 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															0.33	0.32	0.25	0.25	0.19

CarGurus COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	240.977	/	838.36
	=	0.29

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	37.568	/	198.532
	=	0.19

CarGurus (STU:0C6) COGS-to-Revenue Explanation

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

CarGurus'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	-	37.568 / 198.532
	=	81.08 %

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.

CarGurus COGS-to-Revenue Related Terms

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CarGurus (STU:0C6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CarGurus Inc (STU:0C6) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CARG:USA

Address

2 Canal Park, 4th Floor, Cambridge, MA, USA, 02141

Website

https://www.cargurus.com

CarGurus Inc is a company that acts as an online automotive marketplace connecting buyers and sellers of new and used cars. The company provides three types of marketplace Listing products, Restricted Listings, and Enhanced or Featured Listing through which it offers real-time and historical data analyzing the connections and pricing analysis. It also provides all dealers with a web widget to place Deal Rating Badges, which show deal rating. The listing platforms offer auto manufacturers and others to buy advertising on the company's site and target consumers based on the make, model, and zip code of the cars. The company operates through two geographical segments namely United States and the International. It generates majority of revenue from the United States.

CarGurus (STU:0C6) Headlines

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