Tokaido REIT (TSE:2989) COGS-to-Revenue : 0.30 (As of Jul. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Tokaido REIT COGS-to-Revenue?

Tokaido REIT's Cost of Goods Sold for the six months ended in Jul. 2023 was 円490 Mil. Its Revenue for the six months ended in Jul. 2023 was 円1,617 Mil.

Tokaido REIT's COGS to Revenue for the six months ended in Jul. 2023 was 0.30.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tokaido REIT's Gross Margin % for the six months ended in Jul. 2023 was 69.70%.

Tokaido REIT COGS-to-Revenue Historical Data

The historical data trend for Tokaido REIT'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.

* Premium members only.

Tokaido REIT COGS-to-Revenue Chart

Tokaido REIT Annual Data

Trend

Jul21

Jan22

Jul23

COGS-to-Revenue

0.28

0.32

Tokaido REIT Semi-Annual Data
	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
COGS-to-Revenue	Get a 7-Day Free Trial			0.27	0.34	0.34	0.30	0.32

Tokaido REIT COGS-to-Revenue Calculation

Tokaido REIT's COGS to Revenue for the fiscal year that ended in Jul. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	876.355	/	2764.288
	=	0.32

Tokaido REIT's COGS to Revenue for the quarter that ended in Jul. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	489.947	/	1616.963
	=	0.30

Tokaido REIT (TSE:2989) COGS-to-Revenue Explanation

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

Tokaido REIT's Gross Margin % for the six months ended in Jul. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	489.947 / 1616.963
	=	69.70 %

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.

Tokaido REIT COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Tokaido REIT's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Tokaido REIT (TSE:2989) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Tokaido REIT Inc (TSE:2989) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014

Website

Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.

Tokaido REIT (TSE:2989) Headlines

No Headlines