TECOM Group PJSC (DFM:TECOM) COGS-to-Revenue : 0.33 (As of Mar. 2024)

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What is TECOM Group PJSC COGS-to-Revenue?

TECOM Group PJSC's Cost of Goods Sold for the three months ended in Mar. 2024 was د.إ185 Mil. Its Revenue for the three months ended in Mar. 2024 was د.إ564 Mil.

TECOM Group PJSC's COGS to Revenue for the three months ended in Mar. 2024 was 0.33.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. TECOM Group PJSC's Gross Margin % for the three months ended in Mar. 2024 was 67.13%.

TECOM Group PJSC COGS-to-Revenue Historical Data

The historical data trend for TECOM Group PJSC'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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TECOM Group PJSC COGS-to-Revenue Chart

TECOM Group PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.38

0.40

0.41

0.39

0.35

TECOM Group PJSC Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial									0.33	0.35	0.37	0.35	0.33

TECOM Group PJSC COGS-to-Revenue Calculation

TECOM Group PJSC's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	760.382	/	2169.197
	=	0.35

TECOM Group PJSC's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	185.381	/	564.038
	=	0.33

TECOM Group PJSC (DFM:TECOM) COGS-to-Revenue Explanation

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

TECOM Group PJSC's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	185.381 / 564.038
	=	67.13 %

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.

TECOM Group PJSC COGS-to-Revenue Related Terms

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TECOM Group PJSC (DFM:TECOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TECOM Group PJSC (DFM:TECOM) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Commercial Building No. 1, Dubai Studio City , P.O. Box 66000, Dubai, ARE

Website

https://www.tecomgroup.ae

TECOM Group PJSC is a central player in Dubai's business hub proposition and is strongly positioned to benefit from the commercial real estate market and the sustained growth of its broader economy. It offers a range of properties and services to customers. The company divides its operations into four financial segments namely commercial leasing, industrial leasing, land leasing and services, and others.

TECOM Group PJSC (DFM:TECOM) Headlines

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