American Residential Properties (American Residential Properties) COGS-to-Revenue : 0.47 (As of Sep. 2015)

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What is American Residential Properties COGS-to-Revenue?

American Residential Properties's Cost of Goods Sold for the three months ended in Sep. 2015 was $14.9 Mil. Its Revenue for the three months ended in Sep. 2015 was $32.0 Mil.

American Residential Properties's COGS to Revenue for the three months ended in Sep. 2015 was 0.47.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. American Residential Properties's Gross Margin % for the three months ended in Sep. 2015 was 53.45%.

American Residential Properties COGS-to-Revenue Historical Data

The historical data trend for American Residential Properties'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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American Residential Properties COGS-to-Revenue Chart

American Residential Properties Annual Data

Trend

Dec12

Dec13

Dec14

COGS-to-Revenue

0.39

0.42

American Residential Properties Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
COGS-to-Revenue	Get a 7-Day Free Trial								0.40	0.43	0.41	0.41	0.47

American Residential Properties COGS-to-Revenue Calculation

American Residential Properties's COGS to Revenue for the fiscal year that ended in Dec. 2014 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	36.272	/	86.864
	=	0.42

American Residential Properties's COGS to Revenue for the quarter that ended in Sep. 2015 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	14.882	/	31.967
	=	0.47

American Residential Properties (NYSE:ARPI) COGS-to-Revenue Explanation

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

American Residential Properties's Gross Margin % for the three months ended in Sep. 2015 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	14.882 / 31.967
	=	53.45 %

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.

American Residential Properties COGS-to-Revenue Related Terms

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American Residential Properties (American Residential Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Residential Properties Inc (NYSE:ARPI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.americanresidentialproperties.com

American Residential Properties Inc was incorporated in Maryland in March 2012. The Company acquires, restores, leases and manages single-family homes as rental properties. As of December 31, 2012, it owned 1,775 properties in Arizona, California, Florida, Georgia, Illinois, Nevada and Texas with an aggregate investment of $220.6 million, and managed an additional 606 properties for Phoenix Fund in Arizona and Nevada.

Executives

Keith R Guericke	director	C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Todd Mansfield	director	3102 WEST END AVENUE,, SUITE 400, NASHVILLE TN 37203
Douglas N Benham	director
David M. Brain	director	909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Laurie A. Hawkes	director, officer: President and COO	7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254

American Residential Properties (American Residential Properties) Headlines

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