Mega African Capital (XGHA:MAC) COGS-to-Revenue : 0.58 (As of Dec. 2022)

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What is Mega African Capital COGS-to-Revenue?

Mega African Capital's Cost of Goods Sold for the six months ended in Dec. 2022 was GHS0.33 Mil. Its Revenue for the six months ended in Dec. 2022 was GHS0.57 Mil.

Mega African Capital's COGS to Revenue for the six months ended in Dec. 2022 was 0.58.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mega African Capital's Gross Margin % for the six months ended in Dec. 2022 was 41.59%.

Mega African Capital COGS-to-Revenue Historical Data

The historical data trend for Mega African Capital'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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Mega African Capital COGS-to-Revenue Chart

Mega African Capital Annual Data

Trend

Dec20

Dec21

Dec22

COGS-to-Revenue

0.78

1.89

0.58

Mega African Capital Semi-Annual Data
	Dec20	Dec21	Dec22
COGS-to-Revenue	0.78	1.89	0.58

Mega African Capital COGS-to-Revenue Calculation

Mega African Capital's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.33	/	0.565
	=	0.58

Mega African Capital's COGS to Revenue for the quarter that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.33	/	0.565
	=	0.58

Mega African Capital (XGHA:MAC) COGS-to-Revenue Explanation

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

Mega African Capital's Gross Margin % for the six months ended in Dec. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.33 / 0.565
	=	41.59 %

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.

Mega African Capital COGS-to-Revenue Related Terms

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Mega African Capital (XGHA:MAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mega African Capital Ltd (XGHA:MAC) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Sunyani Avenue, The Alberts, 2nd Floor, No. 23 Kanda Estates, Kanda, Accra, GHA

Website

http://www.megafricancapital.com

Mega African Capital Ltd is an investment company. The company's objective is to seek exposure to the potential to generate high real returns. The company invests across three business lines namely, equity unlisted equity and real estate projects. The Company is authorized to undertake the Development, Purchase, Sales and Rental of Real Estates; Investment In Equities; Fixed Income Investments; and Any other Financial Services.