African Sun (XZIM:ASUN.ZW) COGS-to-Revenue : 0.27 (As of Dec. 2022)

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What is African Sun COGS-to-Revenue?

African Sun's Cost of Goods Sold for the six months ended in Dec. 2022 was ZWL6,258 Mil. Its Revenue for the six months ended in Dec. 2022 was ZWL23,363 Mil.

African Sun's COGS to Revenue for the six months ended in Dec. 2022 was 0.27.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. African Sun's Gross Margin % for the six months ended in Dec. 2022 was 73.21%.

African Sun COGS-to-Revenue Historical Data

The historical data trend for African Sun'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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African Sun COGS-to-Revenue Chart

African Sun Annual Data

Trend

Sep09

Sep11

Sep12

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.29

0.21

0.38

0.31

0.27

African Sun Semi-Annual Data
	Sep09	Mar11	Sep11	Mar12	Sep12	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
COGS-to-Revenue	Get a 7-Day Free Trial									0.40	0.28	0.31	0.28	0.27

African Sun COGS-to-Revenue Calculation

African Sun's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8635.774	/	31816.917
	=	0.27

African Sun's COGS to Revenue for the quarter that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6257.983	/	23362.836
	=	0.27

African Sun (XZIM:ASUN.ZW) COGS-to-Revenue Explanation

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

African Sun's Gross Margin % for the six months ended in Dec. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	6257.983 / 23362.836
	=	73.21 %

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.

African Sun COGS-to-Revenue Related Terms

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African Sun (XZIM:ASUN.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » African Sun Ltd (XZIM:ASUN.ZW) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

870 Endeavour Crescent off Norfolk Road, Bally House, P.O. Box CY 1211, Mount Pleasant Business Park, Causeway, Harare, ZWE

Website

https://www.africansunhotels.com

African Sun Ltd is a hotel investment company. It manages hotel operations in Zimbabwe. The company has five segments namely, Resort Hotels, City and Country Hotels, Victoria Falls Hotel Partnership, Sun Leisure and Real Estate and Others. It generates the majority of its revenue from the City and Country Hotels segment.

African Sun (XZIM:ASUN.ZW) Headlines

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