LG Electronics (STU:LGLG) COGS-to-Revenue

: 0.80 (As of Dec. 2023)

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

LG Electronics's Cost of Goods Sold for the three months ended in Dec. 2023 was €12,913 Mil. Its Revenue for the three months ended in Dec. 2023 was €16,242 Mil.

LG Electronics's COGS to Revenue for the three months ended in Dec. 2023 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. LG Electronics's Gross Margin % for the three months ended in Dec. 2023 was 20.50%.

LG Electronics COGS-to-Revenue Historical Data

The historical data trend for LG Electronics'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.

LG Electronics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.75

0.73

0.74

0.76

LG Electronics 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																0.81	0.75	0.76	0.76	0.80

LG Electronics COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	45291.38	/	59212.808
	=	0.76

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12913.464	/	16242.368
	=	0.80

LG Electronics (STU:LGLG) COGS-to-Revenue Explanation

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

LG Electronics'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	-	12913.464 / 16242.368
	=	20.50 %

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.

LG Electronics COGS-to-Revenue Related Terms

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

LG Electronics (STU:LGLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LG Electronics Inc (STU:LGLG) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

066575:Korea 066570:Korea LGLD:UK LGLG:Germany

Address

Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336

Website

https://www.lge.co.kr

LG Electronics Inc is a South Korea-based company that produces a broad range of electronic products. Its businesses are the home entertainment segment, which produces and sells TVs and digital media products; the mobile communications segment, which produces and sells mobile communications equipment; the home appliance and air solutions segment, which produces and sells washing machines, refrigerators, and other products; the vehicle components segment, which designs and produces vehicle parts; the business solutions segment, which manufactures and sells PCs, solar panels, and other products; and Innotek, which sells substrates, sensors, and other items. The company generates the majority of total revenue from the home entertainment and home appliance and air solutions segments.

LG Electronics (STU:LGLG) Headlines

No Headlines