Elastron (ATH:ELSTR) COGS-to-Revenue : 0.89 (As of Jun. 2024)

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What is Elastron COGS-to-Revenue?

Elastron's Cost of Goods Sold for the six months ended in Jun. 2024 was €84.2 Mil. Its Revenue for the six months ended in Jun. 2024 was €94.5 Mil.

Elastron's COGS to Revenue for the six months ended in Jun. 2024 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Elastron's Gross Margin % for the six months ended in Jun. 2024 was 10.84%.

Elastron COGS-to-Revenue Historical Data

The historical data trend for Elastron'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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Elastron COGS-to-Revenue Chart

Elastron Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.90

0.87

0.80

0.85

0.91

Elastron Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial															0.79	0.92	0.91	0.92	0.89

Elastron COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	166.805	/	182.944
	=	0.91

Elastron's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	84.219	/	94.459
	=	0.89

Elastron (ATH:ELSTR) COGS-to-Revenue Explanation

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

Elastron's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	84.219 / 94.459
	=	10.84 %

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.

Elastron COGS-to-Revenue Related Terms

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Elastron Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Elastron SA (ATH:ELSTR) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

N/A

Address

Agios Loannis Avenue, Aspropyrgos, GRC, 193 00

Website

http://www.elastron.gr

Elastron SA is a Greece based company engaged in importing, processing, and trading of steel, steel plates, iron and metal goods, and related goods. The business segments are Steel products, Energy segment, and Agricultural products. The company processes, produces and resells steel products and insulated composite panels in Steel products segment. Electrical energy segment includes production of electric energy from photovoltaic stations. Agricultural products segment consists production of agricultural products from glasshouse cultivations. The group generates majority of the revenue from the Steel products segment. It makes sales in Greece, and internationally, of which sales in Greece constitutes mainly to the revenue.

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