VenueG Co (XKRX:019010) COGS-to-Revenue : 0.15 (As of Dec. 2023)

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What is VenueG Co COGS-to-Revenue?

VenueG Co's Cost of Goods Sold for the three months ended in Dec. 2023 was ₩2,782 Mil. Its Revenue for the three months ended in Dec. 2023 was ₩18,268 Mil.

VenueG Co's COGS to Revenue for the three months ended in Dec. 2023 was 0.15.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. VenueG Co's Gross Margin % for the three months ended in Dec. 2023 was 84.77%.

VenueG Co COGS-to-Revenue Historical Data

The historical data trend for VenueG Co'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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VenueG Co COGS-to-Revenue Chart

VenueG Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.39

0.42

0.34

0.39

VenueG Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.33	0.79	0.43	0.34	0.15

VenueG Co COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	25613.775	/	65047.221
	=	0.39

VenueG Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2782.27	/	18268.201
	=	0.15

VenueG Co (XKRX:019010) COGS-to-Revenue Explanation

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

VenueG Co's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2782.27 / 18268.201
	=	84.77 %

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.

VenueG Co COGS-to-Revenue Related Terms

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VenueG Co (XKRX:019010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » VenueG Co Ltd (XKRX:019010) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

1436, Chungno-ro, West Ilsan, Gyeonggi-do, Goyang-si, KOR

Website

http://www.granddept.co.kr

VenueG Co Ltd, formerly Grand Department Store Co Ltd is a South Korea-based company engaged in department store and discount store operation business together with its subsidiaries. It markets food, clothing, appliance, and household products. The company operates in three business areas which include Shopping, Logistics Construction, and Leisure.

VenueG Co (XKRX:019010) Headlines

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