Grupo Argos (BOG:GRUPOARGOS) COGS-to-Revenue : 0.46 (As of Mar. 2024)

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What is Grupo Argos COGS-to-Revenue?

Grupo Argos's Cost of Goods Sold for the three months ended in Mar. 2024 was COP2,067,545 Mil. Its Revenue for the three months ended in Mar. 2024 was COP4,538,378 Mil.

Grupo Argos's COGS to Revenue for the three months ended in Mar. 2024 was 0.46.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Grupo Argos's Gross Margin % for the three months ended in Mar. 2024 was 54.44%.

Grupo Argos COGS-to-Revenue Historical Data

The historical data trend for Grupo Argos'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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Grupo Argos COGS-to-Revenue Chart

Grupo Argos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.73

0.76

0.73

0.74

0.72

Grupo Argos Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.61	0.71	0.72	0.77	0.46

Grupo Argos COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	16312090	/	22593101
	=	0.72

Grupo Argos's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2067545	/	4538378
	=	0.46

Grupo Argos (BOG:GRUPOARGOS) COGS-to-Revenue Explanation

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

Grupo Argos'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	-	2067545 / 4538378
	=	54.44 %

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.

Grupo Argos COGS-to-Revenue Related Terms

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Grupo Argos (BOG:GRUPOARGOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Grupo Argos SA (BOG:GRUPOARGOS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

PFGRUPOARG:Columbia

Address

Carrera 43A, No. 1A Sur 143, Santillana Center - South Tower, Medellin, COL

Website

https://www.grupoargos.com

Grupo Argos SA is a holding company with businesses spanning multiple industries including cement, energy, highway and airport construction, port operations, real estate, and coal. The Cement segment, which generates the majority of revenue, has a majority ownership stake in Cementos Argos, which manufactures and sells cement, concrete, and cement-related products in multiple countries throughout the Americas. The Energy segment has a majority ownership stake in a company named Celsia, which generates and sells gas, thermal energy, and hydroelectric energy throughout Central and South America.

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