Carreras (XJAM:CAR) COGS-to-Revenue : 0.53 (As of Mar. 2023)

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What is Carreras COGS-to-Revenue?

Carreras's Cost of Goods Sold for the six months ended in Mar. 2023 was JMD8,671 Mil. Its Revenue for the six months ended in Mar. 2023 was JMD16,225 Mil.

Carreras's COGS to Revenue for the six months ended in Mar. 2023 was 0.53.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Carreras's Gross Margin % for the six months ended in Mar. 2023 was 46.56%.

Carreras COGS-to-Revenue Historical Data

The historical data trend for Carreras'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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Carreras COGS-to-Revenue Chart

Carreras Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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0.50

0.51

0.52

0.53

Carreras Semi-Annual Data
	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
COGS-to-Revenue	Get a 7-Day Free Trial									0.50	0.50	0.51	0.52	0.53

Carreras COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8670.561	/	16225.315
	=	0.53

Carreras's COGS to Revenue for the quarter that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8670.561	/	16225.315
	=	0.53

Carreras (XJAM:CAR) COGS-to-Revenue Explanation

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

Carreras's Gross Margin % for the six months ended in Mar. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	8670.561 / 16225.315
	=	46.56 %

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.

Carreras COGS-to-Revenue Related Terms

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Carreras (XJAM:CAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Carreras Ltd (XJAM:CAR) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

13A Ripon Road, Kingston, JAM, 5

Website

https://www.carrerasltd.com

Carreras Ltd is a marketer and distributor of cigarettes and tobacco-related products in Jamaica. The company markets and distributes various brands of cigarettes including Craven A and Matterhorn. The group's activities are limited to the distribution of cigarettes to Jamaican consumers, operating in a single segment.