New Zealand Rural Land Co (NZSE:NZL) COGS-to-Revenue : 0.12 (As of Dec. 2023)

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What is New Zealand Rural Land Co COGS-to-Revenue?

New Zealand Rural Land Co's Cost of Goods Sold for the six months ended in Dec. 2023 was NZ$1.12 Mil. Its Revenue for the six months ended in Dec. 2023 was NZ$9.68 Mil.

New Zealand Rural Land Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.12.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. New Zealand Rural Land Co's Gross Margin % for the six months ended in Dec. 2023 was 88.45%.

New Zealand Rural Land Co COGS-to-Revenue Historical Data

The historical data trend for New Zealand Rural Land Co'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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New Zealand Rural Land Co COGS-to-Revenue Chart

New Zealand Rural Land Co Annual Data

Trend

Jun22

Dec23

COGS-to-Revenue

0.08

0.07

New Zealand Rural Land Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	-	0.13	0.08	-	0.12

New Zealand Rural Land Co COGS-to-Revenue Calculation

New Zealand Rural Land Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.118	/	16.528
	=	0.07

New Zealand Rural Land Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.118	/	9.677
	=	0.12

New Zealand Rural Land Co (NZSE:NZL) COGS-to-Revenue Explanation

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

New Zealand Rural Land Co'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	-	1.118 / 9.677
	=	88.45 %

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.

New Zealand Rural Land Co COGS-to-Revenue Related Terms

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New Zealand Rural Land Co (NZSE:NZL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Zealand Rural Land Co Ltd (NZSE:NZL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

8UK:Germany

Address

c/o Duncan Cotterill, Level 2, Chartered Accountants, 50 Customhouse Quay, Wellington, NZL, 6011

Website

https://www.nzrlc.co.nz

New Zealand Rural Land Co Ltd operates as a real estate company that offers investors exposure to rural land as an asset class without direct involvement in agricultural operations. Its principal activity is an investment in New Zealand's rural farmland. The company seeks an opportunity to focus on dairyland, due to a combination of recent legislative and bank lending changes.

New Zealand Rural Land Co (NZSE:NZL) Headlines

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