Globavend Holdings (Globavend Holdings) COGS-to-Revenue : 0.87 (As of Sep. 2023)

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What is Globavend Holdings COGS-to-Revenue?

Globavend Holdings's Cost of Goods Sold for the six months ended in Sep. 2023 was $8.00 Mil. Its Revenue for the six months ended in Sep. 2023 was $9.19 Mil.

Globavend Holdings's COGS to Revenue for the six months ended in Sep. 2023 was 0.87.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Globavend Holdings's Gross Margin % for the six months ended in Sep. 2023 was 12.95%.

Globavend Holdings COGS-to-Revenue Historical Data

The historical data trend for Globavend 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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Globavend Holdings COGS-to-Revenue Chart

Globavend Holdings Annual Data

Trend

Sep21

Sep22

Sep23

COGS-to-Revenue

0.93

0.94

0.90

Globavend Holdings Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
COGS-to-Revenue	-	0.95	0.93	0.92	0.87

Globavend Holdings COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	16.681	/	18.587
	=	0.90

Globavend Holdings's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.996	/	9.186
	=	0.87

Globavend Holdings (NAS:GVH) COGS-to-Revenue Explanation

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

Globavend Holdings's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	7.996 / 9.186
	=	12.95 %

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.

Globavend Holdings COGS-to-Revenue Related Terms

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Globavend Holdings (Globavend Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globavend Holdings Ltd (NAS:GVH) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office 1401, Level 14, 197, St Georges Tce, Perth, WA, AUS, 6000

Website

https://www.globavend.com

Globavend Holdings Ltd is a e-commerce logistics provider it provides integrated cross-border logistics services from Hong Kong to Australia and New Zealand, where they provide customers with a one-stop solution from parcel consolidation to air freight forwarding, customs clearance, on-carriage parcel transportation and delivery. It operates in logistics and freight forwarding industry, which involves the provision of services such as freight transport, freight forwarding, warehouse management, and distribution.

Globavend Holdings (Globavend Holdings) Headlines

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