NextEd Group (ASX:NXD) COGS-to-Revenue : 0.49 (As of Dec. 2023)

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What is NextEd Group COGS-to-Revenue?

NextEd Group's Cost of Goods Sold for the six months ended in Dec. 2023 was A$28.8 Mil. Its Revenue for the six months ended in Dec. 2023 was A$59.2 Mil.

NextEd Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.49.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. NextEd Group's Gross Margin % for the six months ended in Dec. 2023 was 51.30%.

NextEd Group COGS-to-Revenue Historical Data

The historical data trend for NextEd 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.

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NextEd Group COGS-to-Revenue Chart

NextEd Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

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0.30

0.57

0.48

0.39

0.44

NextEd 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															0.41	0.37	0.41	0.47	0.49

NextEd Group COGS-to-Revenue Calculation

NextEd 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
	=	45.352	/	102.22
	=	0.44

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	28.832	/	59.201
	=	0.49

NextEd Group (ASX:NXD) COGS-to-Revenue Explanation

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

NextEd 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	-	28.832 / 59.201
	=	51.30 %

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.

NextEd Group COGS-to-Revenue Related Terms

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NextEd Group (ASX:NXD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » NextEd Group Ltd (ASX:NXD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Kelly Street, Level 2, Ultimo, NSW, AUS, 2007

Website

https://www.nexted.com.au

NextEd Group Ltd is engaged in the provision of vocational education and training solutions. It offers training predominantly in the areas of Allied Health and Community Services. It currently provides training to a range of existing workers, job seekers, and school leavers throughout campuses. Its segments are Technology & Design, International Vocational, Go Study and Domestic Vocational.

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