Celanese (BSP:C1NS34) COGS-to-Revenue : 0.79 (As of Mar. 2024)

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What is Celanese COGS-to-Revenue?

Celanese's Cost of Goods Sold for the three months ended in Mar. 2024 was R$10,243 Mil. Its Revenue for the three months ended in Mar. 2024 was R$13,002 Mil.

Celanese's COGS to Revenue for the three months ended in Mar. 2024 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Celanese's Gross Margin % for the three months ended in Mar. 2024 was 21.22%.

Celanese COGS-to-Revenue Historical Data

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

Celanese Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.74

0.77

0.69

0.75

0.76

Celanese Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.78	0.75	0.75	0.76	0.79

Celanese COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	40849.633	/	53603.812
	=	0.76

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	10243.449	/	13002.258
	=	0.79

Celanese (BSP:C1NS34) COGS-to-Revenue Explanation

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

Celanese's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	10243.449 / 13002.258
	=	21.22 %

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.

Celanese COGS-to-Revenue Related Terms

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Celanese (BSP:C1NS34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Celanese Corp (BSP:C1NS34) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CE:USA DG3:Germany DG3:Germany

Address

222 W. Las Colinas Boulevard, Suite 900N, Irving, TX, USA, 75039-5421

Website

https://www.celanese.com

Celanese is one of the world's largest producers of acetic acid and its downstream derivative chemicals, which are used in various end markets, including coatings and adhesives. The company is also one of the largest producers of specialty polymers, which are used in the automotive, electronics, medical, building, and consumer end markets. The company also makes cellulose derivatives used in cigarette filters.

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