European Residential REIT (TSX:ERE.UN) COGS-to-Revenue : 0.22 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is European Residential REIT COGS-to-Revenue?

European Residential REIT's Cost of Goods Sold for the three months ended in Mar. 2024 was C$7.8 Mil. Its Revenue for the three months ended in Mar. 2024 was C$36.0 Mil.

European Residential REIT's COGS to Revenue for the three months ended in Mar. 2024 was 0.22.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. European Residential REIT's Gross Margin % for the three months ended in Mar. 2024 was 78.21%.

European Residential REIT COGS-to-Revenue Historical Data

The historical data trend for European Residential 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.

European Residential REIT COGS-to-Revenue Chart

European Residential REIT Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.24

0.23

0.21

European Residential REIT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.24	0.21	0.21	0.21	0.22

European Residential REIT COGS-to-Revenue Calculation

European Residential REIT's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	30.07	/	139.989
	=	0.21

European Residential REIT's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.836	/	35.957
	=	0.22

European Residential REIT (TSX:ERE.UN) COGS-to-Revenue Explanation

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

European Residential REIT'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	-	7.836 / 35.957
	=	78.21 %

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.

European Residential REIT COGS-to-Revenue Related Terms

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

European Residential REIT (TSX:ERE.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » European Residential REIT (TSX:ERE.UN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

EREUF:USA

Address

11 Church Street, Suite 401, Toronto, ON, CAN, M5E 1W1

Website

https://www.eresreit.com

European Residential REIT is an unincorporated, open-ended real estate investment trust. The company is focused on multi-residential real estate investment trust, with a current initial focus on investing in multi-residential real estate properties in Europe. The REIT owns and operates a portfolio of multi-residential properties, including apartments and townhomes, as well as commercial properties in Europe.

European Residential REIT (TSX:ERE.UN) Headlines

No Headlines