Combined Group Contracting K C (KUW:CGC) COGS-to-Revenue : 0.86 (As of Mar. 2024)

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What is Combined Group Contracting K C COGS-to-Revenue?

Combined Group Contracting K C's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD35.8 Mil. Its Revenue for the three months ended in Mar. 2024 was KWD41.6 Mil.

Combined Group Contracting K C's COGS to Revenue for the three months ended in Mar. 2024 was 0.86.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Combined Group Contracting K C's Gross Margin % for the three months ended in Mar. 2024 was 14.01%.

Combined Group Contracting K C COGS-to-Revenue Historical Data

The historical data trend for Combined Group Contracting K C'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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Combined Group Contracting K C COGS-to-Revenue Chart

Combined Group Contracting K C Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.95

0.99

0.91

0.86

0.88

Combined Group Contracting K C Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.90	0.91	0.91	0.82	0.86

Combined Group Contracting K C COGS-to-Revenue Calculation

Combined Group Contracting K C's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	152.896	/	173.044
	=	0.88

Combined Group Contracting K C's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	35.802	/	41.633
	=	0.86

Combined Group Contracting K C (KUW:CGC) COGS-to-Revenue Explanation

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

Combined Group Contracting K C'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	-	35.802 / 41.633
	=	14.01 %

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.

Combined Group Contracting K C COGS-to-Revenue Related Terms

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Combined Group Contracting K C (KUW:CGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Combined Group Contracting SA K C (KUW:CGC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Ardiya Industrial, P.O. Box : 4819, Block No. 2, Plot No. 284, Kuwait City, KWT, 13049

Website

https://www.cgc-kw.com

Combined Group Contracting SA K C is a Kuwait-based company engaged in the construction industry. It undertakes general contracting, mechanical works, engineering works; packaging cement, sand, and related materials; Asphalt production, constructions works of building, ways, bridges and managing, controlling them and their related works and many other activities. The group has the operations in State of Kuwait and Gulf Countries of which it earns the majority of revenue share from Kuwait region.