Sumou Real Estate Co (SAU:4323) COGS-to-Revenue : 0.73 (As of Mar. 2024)

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What is Sumou Real Estate Co COGS-to-Revenue?

Sumou Real Estate Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼59.4 Mil. Its Revenue for the three months ended in Mar. 2024 was ﷼81.0 Mil.

Sumou Real Estate Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sumou Real Estate Co's Gross Margin % for the three months ended in Mar. 2024 was 26.59%.

Sumou Real Estate Co COGS-to-Revenue Historical Data

The historical data trend for Sumou Real Estate 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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Sumou Real Estate Co COGS-to-Revenue Chart

Sumou Real Estate Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.46

0.10

0.40

0.73

0.58

Sumou Real Estate Co Quarterly Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial									0.76	0.36	0.53	0.68	0.73

Sumou Real Estate Co COGS-to-Revenue Calculation

Sumou Real Estate 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
	=	157.766	/	273.818
	=	0.58

Sumou Real Estate Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	59.436	/	80.966
	=	0.73

Sumou Real Estate Co (SAU:4323) COGS-to-Revenue Explanation

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

Sumou Real Estate Co'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	-	59.436 / 80.966
	=	26.59 %

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.

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Sumou Real Estate Co (SAU:4323) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sumou Real Estate Co (SAU:4323) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Prince Turki bin Abdulaziz street, Sumou Tower - P.O.Box 250, Al-Yarmouk District, AlKhobar, SAU, 31952

Website

https://www.sumou.com.sa

Sumou Real Estate Co is engaged in executing and managing real estate development and investment projects in the Kingdom of Saudi Arabia. The company's projects portfolio includes commercial centers, residential complexes, housing units, infrastructure for industrial, and commercial facilities, economic cities, and free zones.

Sumou Real Estate Co (SAU:4323) Headlines

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