Proximus (Proximus) COGS-to-Revenue

: 0.37 (As of Dec. 2023)

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Proximus's Cost of Goods Sold for the three months ended in Dec. 2023 was $613 Mil. Its Revenue for the three months ended in Dec. 2023 was $1,659 Mil.

Proximus's COGS to Revenue for the three months ended in Dec. 2023 was 0.37.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Proximus's Gross Margin % for the three months ended in Dec. 2023 was 63.05%.

Proximus COGS-to-Revenue Historical Data

The historical data trend for Proximus'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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Proximus Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.36

0.35

0.36

0.37

Proximus 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																0.40	0.37	0.37	0.36	0.37

Proximus COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2396.947	/	6535.442
	=	0.37

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	612.868	/	1658.67
	=	0.37

Proximus (OTCPK:BGAOY) COGS-to-Revenue Explanation

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

Proximus'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	-	612.868 / 1658.67
	=	63.05 %

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.

Proximus COGS-to-Revenue Related Terms

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Proximus (Proximus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Proximus SA (OTCPK:BGAOY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

0DPU:UK BX7:Germany PROX:Belgium PROX:Austria

Address

Boulevard du Roi Albert II, 27, Proximus Towers, Brussels, BEL, B-1030

Website

https://www.proximus.com

Proximus is the incumbent telecom operator in Belgium. The firm has around 45% share of the broadband market and 30% of the postpaid mobile market, mainly competing with Telenet (mobile and fixed) and Orange (mobile and fixed). Proximus is rolling out fiber to the home in Belgium and expects to have 95% of the country covered by 2032. Its international carrier services division, BICS, is one of the four largest in the world, serving more than 250 operators, which was strengthened in 2017 with the acquisition of Telesign.