Entain (LSE:ENT) COGS-to-Revenue : 0.39 (As of Dec. 2023)

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What is Entain COGS-to-Revenue?

Entain's Cost of Goods Sold for the six months ended in Dec. 2023 was £943 Mil. Its Revenue for the six months ended in Dec. 2023 was £2,392 Mil.

Entain's COGS to Revenue for the six months ended in Dec. 2023 was 0.39.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Entain's Gross Margin % for the six months ended in Dec. 2023 was 60.59%.

Entain COGS-to-Revenue Historical Data

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

Entain Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.34

0.35

0.36

0.37

0.39

Entain 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															0.37	0.37	0.37	0.39	0.39

Entain COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1862.6	/	4769.6
	=	0.39

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	942.7	/	2392
	=	0.39

Entain (LSE:ENT) COGS-to-Revenue Explanation

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

Entain'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	-	942.7 / 2392
	=	60.59 %

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.

Entain COGS-to-Revenue Related Terms

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Entain (LSE:ENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Entain PLC (LSE:ENT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GMVHY:USA GMVHF:USA ENTl:UK 6GI0:Germany GVC:Austria

Address

One New Change, London, GBR, EC4M 9AF

Website

https://www.entaingroup.com

Entain PLC is an international sports betting and gaming company operating both online and in the retail sector. It has five reportable segments; Online comprises betting and gaming activities from online and mobile operations, Retail comprises betting and retail activities in the shop estates in Great Britain, Northern Ireland, Jersey, Republic of Ireland, Belgium, Italy, and Croatia, New opportunities unikrn and innovation spend, Corporate includes costs associated with Group functions including Group executive, legal, Group finance, United States joint venture, tax and treasury, and Other segments includes activities related to telephone betting, Stadia and on course pitches.

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