Akzo Nobel NV (Akzo Nobel NV) COGS-to-Revenue

: 0.60 (As of Dec. 2023)

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Akzo Nobel NV's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,641 Mil. Its Revenue for the three months ended in Dec. 2023 was $2,758 Mil.

Akzo Nobel NV's COGS to Revenue for the three months ended in Dec. 2023 was 0.60.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Akzo Nobel NV's Gross Margin % for the three months ended in Dec. 2023 was 40.49%.

Akzo Nobel NV COGS-to-Revenue Historical Data

The historical data trend for Akzo Nobel NV'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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Akzo Nobel NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.57

0.56

0.59

0.64

0.60

Akzo Nobel NV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue																0.64	0.63	0.60	0.59	0.60

Akzo Nobel NV COGS-to-Revenue Calculation

Akzo Nobel NV's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7016.358	/	11633.588
	=	0.60

Akzo Nobel NV's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1641.221	/	2757.906
	=	0.60

Akzo Nobel NV (OTCPK:AKZOY) COGS-to-Revenue Explanation

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

Akzo Nobel NV's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1641.221 / 2757.906
	=	40.49 %

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.

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Akzo Nobel NV (Akzo Nobel NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Akzo Nobel NV (OTCPK:AKZOY) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

AKZOF:USA AKZA:Netherlands AKZAa:UK 0LND:UK AKU1:Germany AKZO:Austria

Address

Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW

Website

https://www.akzonobel.com

Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.