Safestay (LSE:SSTY) COGS-to-Revenue : 0.18 (As of Jun. 2023)

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What is Safestay COGS-to-Revenue?

Safestay's Cost of Goods Sold for the six months ended in Jun. 2023 was £1.88 Mil. Its Revenue for the six months ended in Jun. 2023 was £10.47 Mil.

Safestay's COGS to Revenue for the six months ended in Jun. 2023 was 0.18.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Safestay's Gross Margin % for the six months ended in Jun. 2023 was 82.02%.

Safestay COGS-to-Revenue Historical Data

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

Safestay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.15

0.16

0.19

0.20

0.16

Safestay Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial													0.10	0.21	0.12	0.19	0.18

Safestay COGS-to-Revenue Calculation

Safestay's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.142	/	19.146
	=	0.16

Safestay's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.883	/	10.472
	=	0.18

Safestay (LSE:SSTY) COGS-to-Revenue Explanation

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

Safestay's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1.883 / 10.472
	=	82.02 %

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.

Safestay COGS-to-Revenue Related Terms

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Safestay (LSE:SSTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Safestay PLC (LSE:SSTY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1a Kingsley Way, London, GBR, N2 0FW

Website

https://www.safestay.com

Safestay PLC owns and operates a luxurious hostel group in the United Kingdom. It operates backpacker tourist hostels under the Safestay brand. Its property portfolio includes Safestay London Elephant and Castle, Pisa, Glassglow and York among others providing four, six, eight, twelve bunk bedded dorms with en-suite facilities, as well as single, twin, double, and family bunk rooms with tea/coffee making facilities and televisions. Its segments are Hostel accommodation, Food and Beverages sales, Rental Income and Other income. Geographically, it has operations in the UK and Europe and generates a vast majority of its revenue from the UK.

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