GURUFOCUS.COM » STOCK LIST » Technology » Software » Cenit AG (CHIX:CSHd) » Definitions » COGS-to-Revenue

Cenit AG (CHIX:CSHD) COGS-to-Revenue : 0.86 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Cenit AG COGS-to-Revenue?

Cenit AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €43.5 Mil. Its Revenue for the three months ended in Mar. 2024 was €50.5 Mil.

Cenit AG'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. Cenit AG's Gross Margin % for the three months ended in Mar. 2024 was 13.85%.


Cenit AG COGS-to-Revenue Historical Data

The historical data trend for Cenit AG'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.

* Premium members only.

Cenit AG COGS-to-Revenue Chart

Cenit AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.88 0.80 0.78 0.76

Cenit AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.84 0.84 0.52 0.86

Cenit AG COGS-to-Revenue Calculation

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

COGS to Revenue=Cost of Goods Sold / Revenue
=141.299 / 184.72
=0.76

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

COGS to Revenue=Cost of Goods Sold / Revenue
=43.543 / 50.545
=0.86

* 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.


Cenit AG  (CHIX:CSHd) COGS-to-Revenue Explanation

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

Cenit AG'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 - 43.543 / 50.545
=13.85 %

* 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.


Cenit AG COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Cenit AG's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Cenit AG (CHIX:CSHD) Business Description

Traded in Other Exchanges
Address
Industriestrasse 52-54, Stuttgart, DEU, 70565
Cenit AG is a software and information technology consulting company. It offers Product Lifecycle Management and Enterprise Information Management. The PLM (Product Lifestyle Management) segment focuses on the automotive, aerospace, mechanical engineering, and shipbuilding industries. The Enterprise Information Management focuses on products of the strategic software. The focus of the CENIT Group is on business process optimization and computer-aided design and development technologies. The company's revenue is generated from its Germany segment.

Cenit AG (CHIX:CSHD) Headlines

No Headlines