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Watts Water Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $292 Mil. Its Revenue for the three months ended in Dec. 2023 was $548 Mil.
Watts Water Technologies's COGS to Revenue for the three months ended in Dec. 2023 was 0.53.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Watts Water Technologies's Gross Margin % for the three months ended in Dec. 2023 was 46.68%.
The historical data trend for Watts Water Technologies'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.
Watts Water Technologies's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 1095.4 | / | 2056.3 | |
= | 0.53 |
Watts Water Technologies's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 291.9 | / | 547.5 | |
= | 0.53 |
* 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.
Watts Water Technologies (NYSE:WTS) COGS-to-Revenue Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Watts Water Technologies'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 | - | 291.9 / 547.5 | |
= | 46.68 % |
* 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.
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.
Thank you for viewing the detailed overview of Watts Water Technologies's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Kenneth Robert Lepage | officer: General Counsel | WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845 |
Shashank Patel | officer: Chief Financial Officer | 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573 |
Elie Melhem | officer: President, Asia | WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845 |
Joseph T Noonan | director | WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845 |
Timothy P Horne | director, 10 percent owner | WATTS INDUSTRIES INC, ROUTE 815 CHESTNUT ST, NORTH ANDOVER MA 01845 |
Pagano Robert J Jr | officer: President and CEO | WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST, NORTH ANDOVER MA 01845 |
Andre Dhawan | officer: Chief Operating Officer | WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845 |
Monica Barry | officer: Chief HR Officer | WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845 |
Munish Nanda | officer: President, Americas | 1133 WESTCHESTER AVENUE, C/O ITT CORPORATION, WHITE PLAINS NY 10604 |
Michael J. Dubose | director | WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845 |
Louise K Goeser | director | C/O PPL CORPORATION, TWO NORTH NINTH STREET, ALLENTOWN PA 18101 |
Todd A Trapp | officer: Chief Financial Officer | C/O WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845 |
David A. Dunbar | director | 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079 |
Jes Munk Hansen | director | 815 CHESTNUT STREET, NORTH ANDOVER MA 01845 |
Jennifer Congdon | officer: Chief HR Officer | WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845 |
From GuruFocus
By Business Wire 01-18-2023
By Business Wire 05-22-2023
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