Viking Holdings (Viking Holdings) COGS-to-Revenue : 0.70 (As of Mar. 2024)

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What is Viking Holdings COGS-to-Revenue?

Viking Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $504 Mil. Its Revenue for the three months ended in Mar. 2024 was $718 Mil.

Viking Holdings's COGS to Revenue for the three months ended in Mar. 2024 was 0.70.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Viking Holdings's Gross Margin % for the three months ended in Mar. 2024 was 29.83%.

Viking Holdings COGS-to-Revenue Historical Data

The historical data trend for Viking Holdings'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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Viking Holdings COGS-to-Revenue Chart

Viking Holdings Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

1.14

0.68

0.61

Viking Holdings Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial			0.67	0.76	-	0.62	0.70

Viking Holdings COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2851.784	/	4710.493
	=	0.61

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	503.925	/	718.155
	=	0.70

Viking Holdings (NYSE:VIK) COGS-to-Revenue Explanation

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

Viking Holdings'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	-	503.925 / 718.155
	=	29.83 %

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.

Viking Holdings COGS-to-Revenue Related Terms

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Viking Holdings (Viking Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Viking Holdings Ltd (NYSE:VIK) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Pitts Bay Road, Pembroke, BMU, HM 08

Website

https://www.viking.com

Viking Holdings Ltd is a travel company, with a fleet of 92 small, state-of-the-art ships, which view as floating hotels. It offer travel experiences on all seven continents in all three categories of the cruise industry—river, ocean and expedition cruising. The Group defines its products based on the type of cruise offering and language of the cruise service. The River segment provides river cruises outside the United States to English-speaking passengers. The Ocean segment provides ocean cruises to English-speaking passengers. Other includes operating segments that are not individually reportable, consisting of expedition cruises for English-speaking passengers ("Expedition"), Mississippi River cruises for English-speaking passengers, Viking China, which includes cruises for Mandarin.

Viking Holdings (Viking Holdings) Headlines

From GuruFocus

Viking Announces Closing of Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

By PRNewswire • 05-03-2024