Tapestry (BSP:TPRY34) COGS-to-Revenue : 0.25 (As of Mar. 2024)

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What is Tapestry COGS-to-Revenue?

Tapestry's Cost of Goods Sold for the three months ended in Mar. 2024 was R$1,867 Mil. Its Revenue for the three months ended in Mar. 2024 was R$7,382 Mil.

Tapestry's COGS to Revenue for the three months ended in Mar. 2024 was 0.25.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tapestry's Gross Margin % for the three months ended in Mar. 2024 was 74.70%.

Tapestry COGS-to-Revenue Historical Data

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

Tapestry Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

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0.33

0.35

0.29

0.30

0.29

Tapestry 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															0.27	0.28	0.27	0.28	0.25

Tapestry COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9445.3	/	32330.01
	=	0.29

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1867.425	/	7382.056
	=	0.25

Tapestry (BSP:TPRY34) COGS-to-Revenue Explanation

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

Tapestry'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	-	1867.425 / 7382.056
	=	74.70 %

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.

Tapestry COGS-to-Revenue Related Terms

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Tapestry (BSP:TPRY34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tapestry Inc (BSP:TPRY34) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TPR:USA TPR:Mexico COY:Germany

Address

10 Hudson Yards, New York, NY, USA, 10001

Website

https://www.tapestry.com

Coach, Kate Spade, and Stuart Weitzman are Tapestry's fashion and accessory brands. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (66% of fiscal 2023 sales), Europe, Asia (29% of fiscal 2023 sales), and elsewhere. Coach (75% of fiscal 2023 sales) is best known for affordable luxury leather products. Kate Spade (21% of fiscal 2023 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2023. Stuart Weitzman (4% of sales) generates nearly all its revenue from women's footwear. In August 2023, Tapestry agreed to acquire rival Capri and its three brands, Michael Kors, Versace, and Jimmy Choo.

Tapestry (BSP:TPRY34) Headlines

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