Argo Properties NV (XTAE:ARGO) COGS-to-Revenue : 0.38 (As of Sep. 2023)

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

What is Argo Properties NV COGS-to-Revenue?

Argo Properties NV's Cost of Goods Sold for the three months ended in Sep. 2023 was ₪11.2 Mil. Its Revenue for the three months ended in Sep. 2023 was ₪29.7 Mil.

Argo Properties NV's COGS to Revenue for the three months ended in Sep. 2023 was 0.38.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Argo Properties NV's Gross Margin % for the three months ended in Sep. 2023 was 62.43%.

Argo Properties NV COGS-to-Revenue Historical Data

The historical data trend for Argo Properties NV'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.

Argo Properties NV COGS-to-Revenue Chart

Argo Properties NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

0.37

0.38

0.41

Argo Properties NV Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial											0.39	0.39	0.50	0.37	0.38

Argo Properties NV COGS-to-Revenue Calculation

Argo Properties NV's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	36.914	/	89.542
	=	0.41

Argo Properties NV's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11.173	/	29.736
	=	0.38

Argo Properties NV (XTAE:ARGO) COGS-to-Revenue Explanation

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

Argo Properties NV's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	11.173 / 29.736
	=	62.43 %

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.

Argo Properties NV COGS-to-Revenue Related Terms

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

Argo Properties NV (XTAE:ARGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Argo Properties NV (XTAE:ARGO) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karl-Liebknecht-Strasse 2a, Leipzig, SN, DEU, 04107

Website

https://www.argo-nv.com

Argo Properties NV is a foreign company engaged in the purchase, management, and rental of residential and office buildings in Germany. The company's segment includes Income generating residential real estate and Income generating real estate for development. It generates maximum revenue from the Income generating residential real estate segment.