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Element Fleet Management (TSX:EFN.PR.E.PFD) COGS-to-Revenue : 0.64 (As of Jun. 2024)


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What is Element Fleet Management COGS-to-Revenue?

Element Fleet Management's Cost of Goods Sold for the three months ended in Jun. 2024 was C$491.41 Mil. Its Revenue for the three months ended in Jun. 2024 was C$765.51 Mil.

Element Fleet Management's COGS to Revenue for the three months ended in Jun. 2024 was 0.64.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Element Fleet Management's Gross Margin % for the three months ended in Jun. 2024 was 35.81%.


Element Fleet Management COGS-to-Revenue Historical Data

The historical data trend for Element Fleet Management'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.

Element Fleet Management COGS-to-Revenue Chart

Element Fleet Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.63 0.60 0.59 0.64

Element Fleet Management Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.64 0.66 0.65 0.64

Element Fleet Management COGS-to-Revenue Calculation

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

COGS to Revenue=Cost of Goods Sold / Revenue
=1671.056 / 2608.901
=0.64

Element Fleet Management's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=491.407 / 765.511
=0.64

* 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.


Element Fleet Management  (TSX:EFN.PR.E.PFD) COGS-to-Revenue Explanation

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

Element Fleet Management's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 491.407 / 765.511
=35.81 %

* 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.

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.


Element Fleet Management COGS-to-Revenue Related Terms

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Element Fleet Management Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 3600, Toronto, ON, CAN, M5J 2S1
Element Fleet Management Corp is a fleet management company, providing services and financings for commercial vehicle and equipment fleets. The company operates in the U.S., Canada, Mexico, Australia, and New Zealand.

Element Fleet Management Headlines

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