Continental AG (Continental AG) COGS-to-Revenue : 0.79 (As of Dec. 2023)

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

What is Continental AG COGS-to-Revenue?

Continental AG's Cost of Goods Sold for the three months ended in Dec. 2023 was $8,983 Mil. Its Revenue for the three months ended in Dec. 2023 was $11,394 Mil.

Continental AG's COGS to Revenue for the three months ended in Dec. 2023 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Continental AG's Gross Margin % for the three months ended in Dec. 2023 was 21.16%.

Continental AG COGS-to-Revenue Historical Data

The historical data trend for Continental 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.

Continental AG COGS-to-Revenue Chart

Continental AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.76

0.77

0.81

0.79

Continental AG 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															0.81	0.78	0.79	0.79	0.79

Continental AG COGS-to-Revenue Calculation

Continental 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
	=	35564.341	/	45169.575
	=	0.79

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8983.097	/	11394.002
	=	0.79

Continental AG (OTCPK:CTTAY) COGS-to-Revenue Explanation

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

Continental AG'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	-	8983.097 / 11394.002
	=	21.16 %

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.

Continental AG COGS-to-Revenue Related Terms

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

Continental AG (Continental AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Continental AG (OTCPK:CTTAY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CTTAF:USA CTT:Romania CON:Italy CONd:UK 0LQ1:UK CON:Germany

Address

Vahrenwalder Strasse 9, Hanover, NI, DEU, 30165

Website

https://www.continental.com

Continental is a global auto supplier and tiremaker. Operating segments include the automotive group (electrical architecture and networking, autonomous mobility, safety and motion, smart mobility, and user experience), tires, and ContiTech which uses rubber in industrial and automotive components and systems. Last year, automotive group revenue was around 48% of the total, tire was 35%, ContiTech was 16%, and contract manufacturing for Vitesco was 1%. Top five customers include Ford, Mercedes-Benz, the Renault-Nissan-Mitsubishi alliance, Stellantis, and Volkswagen, representing about 32% of total revenue. Europe, at 47% of total revenue, is the companies largest market, followed by North America at 27%, Asia (mostly China) at 22%, and 4% in other regions.