Las Vegasnds (BUE:LVS) COGS-to-Revenue : 0.49 (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Las Vegasnds COGS-to-Revenue?

Las Vegasnds's Cost of Goods Sold for the three months ended in Mar. 2024 was ARS1,230,893 Mil. Its Revenue for the three months ended in Mar. 2024 was ARS2,492,958 Mil.

Las Vegasnds's COGS to Revenue for the three months ended in Mar. 2024 was 0.49.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Las Vegasnds's Gross Margin % for the three months ended in Mar. 2024 was 50.63%.

Las Vegasnds COGS-to-Revenue Historical Data

The historical data trend for Las Vegasnds'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.

* Premium members only.

Las Vegasnds COGS-to-Revenue Chart

Las Vegasnds Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.50

0.72

0.62

0.60

0.50

Las Vegasnds 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															0.52	0.51	0.50	0.49	0.49

Las Vegasnds COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1879005.001	/	3744292.003
	=	0.50

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1230892.521	/	2492957.542
	=	0.49

Las Vegasnds (BUE:LVS) COGS-to-Revenue Explanation

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

Las Vegasnds'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	-	1230892.521 / 2492957.542
	=	50.63 %

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.

Las Vegasnds COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Las Vegasnds's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Las Vegasnds (BUE:LVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Las Vegas Sands Corp (BUE:LVS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

LVS:USA LVS:Mexico LCR:Germany LCR:Germany L1VS34:Brazil

Address

5500 Haven Street, Las Vegas, NV, USA, 89119

Website

https://www.sands.com

Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. Its Venetian and Palazzo Las Vegas assets in the U.S. were sold to Apollo and VICI for $6.25 billion in 2022. We expect Sands to open a fourth tower in Singapore in 2029. With the sale of its Vegas assets, the company generates all its EBITDA from Asia, with its casino operations generating the majority of sales.