Nido Education (ASX:NDO) COGS-to-Revenue : 0.11 (As of Dec. 2023)

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What is Nido Education COGS-to-Revenue?

Nido Education's Cost of Goods Sold for the six months ended in Dec. 2023 was A$6.71 Mil. Its Revenue for the six months ended in Dec. 2023 was A$58.71 Mil.

Nido Education's COGS to Revenue for the six months ended in Dec. 2023 was 0.11.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Nido Education's Gross Margin % for the six months ended in Dec. 2023 was 88.56%.

Nido Education COGS-to-Revenue Historical Data

The historical data trend for Nido Education'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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Nido Education COGS-to-Revenue Chart

Nido Education Annual Data

Trend

Dec22

Dec23

COGS-to-Revenue

0.07

Nido Education Semi-Annual Data
	Dec22	Jun23	Dec23
COGS-to-Revenue	-	-	0.11

Nido Education COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6.714	/	93.372
	=	0.07

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6.714	/	58.707
	=	0.11

Nido Education (ASX:NDO) COGS-to-Revenue Explanation

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

Nido Education'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	-	6.714 / 58.707
	=	88.56 %

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.

Nido Education COGS-to-Revenue Related Terms

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Nido Education (ASX:NDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Nido Education Ltd (ASX:NDO) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Park Avenue, Suite 3, Drummoyne, NSW, AUS, 2047

Website

https://nidoeducation.edu.au

Nido Education Ltd is a company engaged in long day early childhood education and care services across Australia. It offers exceptional education and care for children, from six weeks, through to school age, in a safe, comfortable, nurturing and peaceful environment.

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