Various Eateries (LSE:VARE) COGS-to-Revenue : 0.95 (As of Sep. 2023)

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What is Various Eateries COGS-to-Revenue?

Various Eateries's Cost of Goods Sold for the six months ended in Sep. 2023 was £23.58 Mil. Its Revenue for the six months ended in Sep. 2023 was £24.92 Mil.

Various Eateries's COGS to Revenue for the six months ended in Sep. 2023 was 0.95.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Various Eateries's Gross Margin % for the six months ended in Sep. 2023 was 5.35%.

Various Eateries COGS-to-Revenue Historical Data

The historical data trend for Various Eateries'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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Various Eateries COGS-to-Revenue Chart

Various Eateries Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

COGS-to-Revenue

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0.95

1.06

0.93

0.91

0.96

Various Eateries Semi-Annual Data
	Sep17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial							0.75	0.91	0.91	0.97	0.95

Various Eateries COGS-to-Revenue Calculation

Various Eateries's COGS to Revenue for the fiscal year that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	43.597	/	45.495
	=	0.96

Various Eateries's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	23.584	/	24.917
	=	0.95

Various Eateries (LSE:VARE) COGS-to-Revenue Explanation

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

Various Eateries's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	23.584 / 24.917
	=	5.35 %

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.

Various Eateries COGS-to-Revenue Related Terms

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Various Eateries (LSE:VARE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Various Eateries PLC (LSE:VARE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Saint Thomas Street, Runway East, London, GBR, SE1 9RS

Website

http://www.variouseateries.co.uk

Various Eateries PLC owns, develops, and operates restaurant sites in the United Kingdom. The company operates two core brands; Coppa Club, a multi-use, all-day concept that combines a restaurant, terrace, cafe, lounge, bar, and workspaces; and Tavolino, a restaurant aiming to address a gap in the market for high-quality Italian food at mid-market prices. The company has two operating segments; the Restaurant Segment, and the Hotel Segment, out of which a majority of the company's revenue is derived from the Restaurant Segment.

Various Eateries (LSE:VARE) Headlines

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