Karelia Tobacco Co (ATH:KARE) COGS-to-Revenue : 0.91 (As of Sep. 2023)

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What is Karelia Tobacco Co COGS-to-Revenue?

Karelia Tobacco Co's Cost of Goods Sold for the three months ended in Sep. 2023 was €330 Mil. Its Revenue for the three months ended in Sep. 2023 was €364 Mil.

Karelia Tobacco Co's COGS to Revenue for the three months ended in Sep. 2023 was 0.91.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Karelia Tobacco Co's Gross Margin % for the three months ended in Sep. 2023 was 9.43%.

Karelia Tobacco Co COGS-to-Revenue Historical Data

The historical data trend for Karelia Tobacco Co'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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Karelia Tobacco Co COGS-to-Revenue Chart

Karelia Tobacco Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.89

0.90

Karelia Tobacco Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.90	0.90	0.89	0.91	0.91

Karelia Tobacco Co COGS-to-Revenue Calculation

Karelia Tobacco Co's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1135.432	/	1265.734
	=	0.90

Karelia Tobacco Co's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	329.823	/	364.149
	=	0.91

Karelia Tobacco Co (ATH:KARE) COGS-to-Revenue Explanation

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

Karelia Tobacco Co'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	-	329.823 / 364.149
	=	9.43 %

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.

Karelia Tobacco Co COGS-to-Revenue Related Terms

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Karelia Tobacco Co (ATH:KARE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Karelia Tobacco Co Inc SA (ATH:KARE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Athinon Street, Kalamata, GRC, 24100

Website

https://www.karelia.gr

Karelia Tobacco Co Inc SA is in the business of manufacture, export, and wholesale of tobacco products such as cigarettes, cigars, hand-rolling cigarettes and other duty-free tobacco products. The firm's flagship brands include George Karelias and Sons, Slims, Ome, Karelia blue and American Legend. Its geographical segment includes Greece and International. The company derives a majority of revenue from Greece segment.

Karelia Tobacco Co (ATH:KARE) Headlines

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