CAR Group (ASX:CAR) COGS-to-Revenue : 0.06 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is CAR Group COGS-to-Revenue?

CAR Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$31.4 Mil. Its Revenue for the six months ended in Dec. 2023 was A$531.0 Mil.

CAR Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.06.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CAR Group's Gross Margin % for the six months ended in Dec. 2023 was 94.09%.

CAR Group COGS-to-Revenue Historical Data

The historical data trend for CAR Group'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.

CAR Group COGS-to-Revenue Chart

CAR Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

Get a 7-Day Free Trial

0.08

0.05

0.10

0.08

CAR Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.10	0.10	0.09	0.07	0.06

CAR Group COGS-to-Revenue Calculation

CAR Group's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	60.538	/	781.236
	=	0.08

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	31.368	/	530.964
	=	0.06

CAR Group (ASX:CAR) COGS-to-Revenue Explanation

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

CAR Group's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	31.368 / 530.964
	=	94.09 %

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.

CAR Group COGS-to-Revenue Related Terms

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

CAR Group (ASX:CAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » CAR Group Ltd (ASX:CAR) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CSXXY:USA

Address

449 Punt Road, Level 4, Richmond, VIC, AUS, 3121

Website

https://www.cargroup.com

CAR Group is a technology company operating in the motor vehicles sector. CAR Group's primary business is its Australian online marketplace for automotive, www.carsales.com.au. It is the dominant online automotive marketplace in Australia, at around nine times total time spent compared with its nearest competitor. CAR Group also owns and operates businesses in various geographic, category and product adjacencies, including online marketplaces for automotive in South Korea and Latin America, nonautomotive online marketplaces in Australia and the United States, and data and replacement parts businesses.