Accel Entertainment (Accel Entertainment) COGS-to-Revenue : 0.70 (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Accel Entertainment COGS-to-Revenue?

Accel Entertainment's Cost of Goods Sold for the three months ended in Mar. 2024 was $210.33 Mil. Its Revenue for the three months ended in Mar. 2024 was $301.82 Mil.

Accel Entertainment's COGS to Revenue for the three months ended in Mar. 2024 was 0.70.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Accel Entertainment's Gross Margin % for the three months ended in Mar. 2024 was 30.31%.

Accel Entertainment COGS-to-Revenue Historical Data

The historical data trend for Accel Entertainment'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.

Accel Entertainment COGS-to-Revenue Chart

Accel Entertainment Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.66

0.67

0.69

0.70

Accel Entertainment 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															0.70	0.70	0.70	0.70	0.70

Accel Entertainment COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	817.195	/	1170.42
	=	0.70

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	210.326	/	301.817
	=	0.70

Accel Entertainment (NYSE:TPGH.U) COGS-to-Revenue Explanation

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

Accel Entertainment'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	-	210.326 / 301.817
	=	30.31 %

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.

Accel Entertainment COGS-to-Revenue Related Terms

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

Accel Entertainment (Accel Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Accel Entertainment Inc (NYSE:TPGH.U) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ACEL:USA

Address

140 Tower Drive, Burr Ridge, Chicago, IL, USA, 60527

Website

https://www.accelentertainment.com

Accel Entertainment Inc is a distributed gaming operator in the United States. It is engaged in the installation, maintenance, and operation of video gaming terminals. The company offers products to restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. It operates slot machines and amusement equipment. The company generates a majority of its revenue from net gaming. Net gaming revenue represents net cash received from gaming activities, which is the difference between gaming wins and losses. Net gaming revenue includes the amounts earned by location partners and is recognized at the time of gaming play.

Executives

Karl Mr. Peterson	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David W. Ruttenberg	director	140 TOWER DRIVE, BURR RIDGE IL 60527
Brian M. Carroll	officer: Chief Financial Officer	140 TOWER DRIVE, BURR RIDGE IL 60527
Andrew H. Rubenstein	director, 10 percent owner, officer: CEO and President	140 TOWER DRIVE, BURR RIDGE IL 60527
Gordon Rubenstein	director	140 TOWER DRIVE, BURR RIDGE IL 60527
Derek Harmer	officer: Secretary	140 TOWER DRIVE, BURR RIDGE IL 60527
Clairvest Group Inc	10 percent owner	22 ST. CLAIRE AVE., SUITE 1700 M4T 253, TORONTO ONTARIO
Michael Joseph Marino	officer: Chief Commerical Officer	140 TOWER DRIVE, BURR RIDGE IL 60527
Ryan Hammer	officer: President, Gaming Operations	140 TOWER DRIVE, BURR RIDGE IL 60527
Mark T. Phelan	officer: Chief Revenue Officer	140 TOWER DRIVE, BURR RIDGE IL 60527
Dee M Robinson	director	140 TOWER DRIVE, BURR RIDGE IL 60527
Kenneth Rotman	director	C/O CLAIRVEST GROUP INC, 22 ST. CLAIR AVENUE EAST, SUITE 1700, TORONTO A6 M4T 2S3
Kathleen Philips	director	256 30TH AVENUE, SAN FRANCISCO CA 94121
Eden Godsoe	director	140 TOWER DRIVE, BURR RIDGE IL 60527
Robert Suss	other: Former Director	10 CHURCH MOUNT, LONDON X0 N2 0RP