Weir Group (LSE:WEIR) COGS-to-Revenue : 0.62 (As of Dec. 2023)

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What is Weir Group COGS-to-Revenue?

Weir Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £828 Mil. Its Revenue for the six months ended in Dec. 2023 was £1,336 Mil.

Weir Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.62.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Weir Group's Gross Margin % for the six months ended in Dec. 2023 was 38.03%.

Weir Group COGS-to-Revenue Historical Data

The historical data trend for Weir 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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Weir Group COGS-to-Revenue Chart

Weir Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.63

0.64

0.62

Weir Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.64	0.64	0.64	0.63	0.62

Weir Group COGS-to-Revenue Calculation

Weir 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
	=	1641.1	/	2636
	=	0.62

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	828	/	1336.2
	=	0.62

Weir Group (LSE:WEIR) COGS-to-Revenue Explanation

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

Weir Group's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	828 / 1336.2
	=	38.03 %

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.

Weir Group COGS-to-Revenue Related Terms

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Weir Group (LSE:WEIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weir Group PLC (LSE:WEIR) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

WEIGF:USA WEGRY:USA WEIRl:UK

Address

1 West Regent Street, Glasgow, GBR, G2 1RW

Website

https://www.global.weir

Weir Group PLC manufactures equipment for minerals and other industrial end markets. The company's operating segment includes Minerals and ESCO. The Minerals segment is into engineering, manufacturing and service processing technology used in abrasive, high-wear mining applications. It is also used in infrastructure and general industrial markets. The ESCO segment is into the provision of Ground Engaging Tools (G.E.T.) for large mining machines. It operates predominantly in mining and infrastructure markets where its technology improves productivity through extended wear life, increased safety and reduced energy consumption. The company generates maximum revenue from the Minerals segment. Geographically, the company derives a majority of its revenue from South America.

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