MiniLuxe Holding (TSXV:MNLX) COGS-to-Revenue : 0.60 (As of Mar. 2024)

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What is MiniLuxe Holding COGS-to-Revenue?

MiniLuxe Holding's Cost of Goods Sold for the three months ended in Mar. 2024 was C$4.58 Mil. Its Revenue for the three months ended in Mar. 2024 was C$7.63 Mil.

MiniLuxe Holding's COGS to Revenue for the three months ended in Mar. 2024 was 0.60.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. MiniLuxe Holding's Gross Margin % for the three months ended in Mar. 2024 was 40.03%.

MiniLuxe Holding COGS-to-Revenue Historical Data

The historical data trend for MiniLuxe Holding'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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MiniLuxe Holding COGS-to-Revenue Chart

MiniLuxe Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.59

0.62

0.51

0.56

0.59

MiniLuxe Holding Quarterly Data
	Dec18	Dec19	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													0.58	0.58	0.59	0.60	0.60

MiniLuxe Holding COGS-to-Revenue Calculation

MiniLuxe Holding's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	19.36	/	32.94
	=	0.59

MiniLuxe Holding's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.577	/	7.632
	=	0.60

MiniLuxe Holding (TSXV:MNLX) COGS-to-Revenue Explanation

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

MiniLuxe Holding'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	-	4.577 / 7.632
	=	40.03 %

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.

MiniLuxe Holding COGS-to-Revenue Related Terms

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MiniLuxe Holding (TSXV:MNLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » MiniLuxe Holding Corp (TSXV:MNLX) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

MNLXF:USA

Address

20 Holly Street, Suite 300, Toronto, ON, CAN

Website

MiniLuxe Holding Corp owns and operates nail and beauty salons and provides consumers with nail, hand, foot care, and waxing services, and sells personal beauty products. The Company operates in only one geographical region which is the United States of America.

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