PACS Group (PACS Group) COGS-to-Revenue : 0.86 (As of Mar. 2024)

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What is PACS Group COGS-to-Revenue?

PACS Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $800.0 Mil. Its Revenue for the three months ended in Mar. 2024 was $934.7 Mil.

PACS Group'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. PACS Group's Gross Margin % for the three months ended in Mar. 2024 was 14.42%.

PACS Group COGS-to-Revenue Historical Data

The historical data trend for PACS Group'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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PACS Group COGS-to-Revenue Chart

PACS Group Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

0.84

0.83

0.86

PACS Group Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
COGS-to-Revenue	-	-	0.82	-	0.86

PACS Group COGS-to-Revenue Calculation

PACS Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2664.424	/	3111.492
	=	0.86

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	799.953	/	934.721
	=	0.86

PACS Group (NYSE:PACS) COGS-to-Revenue Explanation

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

PACS Group'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	-	799.953 / 934.721
	=	14.42 %

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.

PACS Group COGS-to-Revenue Related Terms

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PACS Group (PACS Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » PACS Group Inc (NYSE:PACS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

262 N. University Avenue, Farmington, UT, USA, 84025

Website

https://www.pacs.com

PACS Group Inc is a post-acute healthcare company primarily focused on delivering high-quality skilled nursing care through a portfolio of independently operated facilities Its is a nursing providers in the United States based on number of facilities, with over 200 post-acute care facilities across nine states serving over 20,000 patients daily. It also provide senior care, assisted living, and independent living options in some of communities.

PACS Group (PACS Group) Headlines

From GuruFocus

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