Gerdau (Gerdau) COGS-to-Revenue

: 0.89 (As of Dec. 2023)

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Gerdau's Cost of Goods Sold for the three months ended in Dec. 2023 was $2,670 Mil. Its Revenue for the three months ended in Dec. 2023 was $3,003 Mil.

Gerdau's COGS to Revenue for the three months ended in Dec. 2023 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Gerdau's Gross Margin % for the three months ended in Dec. 2023 was 11.10%.

Gerdau COGS-to-Revenue Historical Data

The historical data trend for Gerdau'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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Gerdau Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.89

0.86

0.73

0.77

0.84

Gerdau 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	Get a 7-Day Free Trial															0.84	0.81	0.82	0.84	0.89

Gerdau COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11752.315	/	14065.155
	=	0.84

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2670.058	/	3003.289
	=	0.89

Gerdau (NYSE:GGB) COGS-to-Revenue Explanation

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

Gerdau'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	-	2670.058 / 3003.289
	=	11.10 %

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.

Gerdau COGS-to-Revenue Related Terms

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Gerdau (Gerdau) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Gerdau SA (NYSE:GGB) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GGBN:Mexico XGGB:Spain GDUB:Germany GDUA:Germany GDUB:Germany GDUA:Germany GGBR4:Brazil GGBR3:Brazil GGB:Argentina

Address

Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070

Website

https://www.gerdau.com

Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutor, mechanical construction bars, reinforced steel locks. The company's geographical segment includes Brazil Operations; North America Operations; South America Operations as well as Special Steel Operations. It derives most of the revenue from the Brazil Operations segment.