HSS Hire Group (LSE:HSS) COGS-to-Revenue : 0.53 (As of Dec. 2023)

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What is HSS Hire Group COGS-to-Revenue?

HSS Hire Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £94.1 Mil. Its Revenue for the six months ended in Dec. 2023 was £179.0 Mil.

HSS Hire Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.53.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. HSS Hire Group's Gross Margin % for the six months ended in Dec. 2023 was 47.43%.

HSS Hire Group COGS-to-Revenue Historical Data

The historical data trend for HSS Hire 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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HSS Hire Group COGS-to-Revenue Chart

HSS Hire Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.46

0.50

0.48

0.49

0.52

HSS Hire 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															0.48	0.51	0.48	0.50	0.53

HSS Hire Group COGS-to-Revenue Calculation

HSS Hire Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	179.978	/	349.11
	=	0.52

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	94.106	/	179.017
	=	0.53

HSS Hire Group (LSE:HSS) COGS-to-Revenue Explanation

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

HSS Hire 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	-	94.106 / 179.017
	=	47.43 %

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.

HSS Hire Group COGS-to-Revenue Related Terms

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HSS Hire Group (LSE:HSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » HSS Hire Group PLC (LSE:HSS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

HG3:Germany

Address

Mosley Road, Building 2, Think Park, Manchester, GBR, M17 1FQ76

Website

https://www.hsshiregroup.com

HSS Hire Group PLC operates in the United Kingdom based rental and leasing industry and is a leader in the equipment hire market. The company's business focuses on supplying equipment and services to the fit-out, maintain and operate sectors of the market. Its operations are segmented into the following reportable segments: Rental and related revenue; and Services. Rental and related revenue comprise the rental income earned from owned tools and equipment including powered access, power generation. Services comprise the group's rehire business known as HSS OneCall and HSS Training. Its portfolio of brands includes HSS hire, HSS One Call, HSS Training, and ABird Power Solutions.

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