Ardagh Metal Packaging (Ardagh Metal Packaging) COGS-to-Revenue : 0.92 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Ardagh Metal Packaging COGS-to-Revenue?

Ardagh Metal Packaging's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,039 Mil. Its Revenue for the three months ended in Dec. 2023 was $1,132 Mil.

Ardagh Metal Packaging's COGS to Revenue for the three months ended in Dec. 2023 was 0.92.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ardagh Metal Packaging's Gross Margin % for the three months ended in Dec. 2023 was 8.22%.

Ardagh Metal Packaging COGS-to-Revenue Historical Data

The historical data trend for Ardagh Metal Packaging'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.

Ardagh Metal Packaging COGS-to-Revenue Chart

Ardagh Metal Packaging Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.85

0.84

0.85

0.89

0.90

Ardagh Metal Packaging Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial											0.89	0.89	0.91	0.88	0.92

Ardagh Metal Packaging COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4338	/	4812
	=	0.90

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1039	/	1132
	=	0.92

Ardagh Metal Packaging (NYSE:AMBP) COGS-to-Revenue Explanation

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

Ardagh Metal Packaging'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	-	1039 / 1132
	=	8.22 %

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.

Ardagh Metal Packaging COGS-to-Revenue Related Terms

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

Ardagh Metal Packaging (Ardagh Metal Packaging) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ardagh Metal Packaging SA (NYSE:AMBP) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

7JZ:Germany

Address

56, Rue Charles Martel, Luxembourg, LUX, L-2134

Website

https://www.ardaghmetalpackaging.com

Ardagh Metal Packaging SA is a supplier of infinitely recyclable, sustainable, metal beverage cans and ends to brand owners. The company's segment includes Europe and the Americas. It derives a majority of its revenue from the Americas.