Stride Property (NZSE:SPG) COGS-to-Revenue : 0.18 (As of Mar. 2024)

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What is Stride Property COGS-to-Revenue?

Stride Property's Cost of Goods Sold for the six months ended in Mar. 2024 was NZ$13.1 Mil. Its Revenue for the six months ended in Mar. 2024 was NZ$72.6 Mil.

Stride Property's COGS to Revenue for the six months ended in Mar. 2024 was 0.18.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Stride Property's Gross Margin % for the six months ended in Mar. 2024 was 82.00%.

Stride Property COGS-to-Revenue Historical Data

The historical data trend for Stride Property'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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Stride Property COGS-to-Revenue Chart

Stride Property Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.19

0.18

0.20

0.22

Stride Property Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.17	0.25	0.17	0.28	0.18

Stride Property COGS-to-Revenue Calculation

Stride Property's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	26.49	/	121.066
	=	0.22

Stride Property's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	13.066	/	72.569
	=	0.18

Stride Property (NZSE:SPG) COGS-to-Revenue Explanation

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

Stride Property's Gross Margin % for the six months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	13.066 / 72.569
	=	82.00 %

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.

Stride Property COGS-to-Revenue Related Terms

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Stride Property (NZSE:SPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Stride Property Ltd (NZSE:SPG) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

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Address

34 Shortland Street, Level 12, Louise Hill, Auckland, NTL, NZL, 1010

Website

https://www.strideproperty.co.nz

Stride Property Ltd is a real estate company that owns and manages investment properties in New Zealand. Most of the properties are located in Auckland, followed by Wellington, Northern Regional, and South Island. Stride's portfolio consists of commercial office, retail, and industrial property, as well as land. Retail properties deliver the majority of contract rental revenue, followed by office and industrial properties. The company's major tenants include general distributors, large retailers, banks, the New Zealand government, and industrial companies.