Horizon Global (FRA:2H6) COGS-to-Revenue : 0.89 (As of Sep. 2022)

View and export this data going back to 2015. Start your Free Trial

What is Horizon Global COGS-to-Revenue?

Horizon Global's Cost of Goods Sold for the three months ended in Sep. 2022 was €133.6 Mil. Its Revenue for the three months ended in Sep. 2022 was €150.5 Mil.

Horizon Global's COGS to Revenue for the three months ended in Sep. 2022 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Horizon Global's Gross Margin % for the three months ended in Sep. 2022 was 11.18%.

Horizon Global COGS-to-Revenue Historical Data

The historical data trend for Horizon Global'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.

Horizon Global COGS-to-Revenue Chart

Horizon Global Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

COGS-to-Revenue

Get a 7-Day Free Trial

0.77

0.85

0.86

0.82

Horizon Global Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
COGS-to-Revenue	Get a 7-Day Free Trial															0.80	0.90	0.89	0.89	0.89

Horizon Global COGS-to-Revenue Calculation

Horizon Global's COGS to Revenue for the fiscal year that ended in Dec. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	565.993	/	692.176
	=	0.82

Horizon Global's COGS to Revenue for the quarter that ended in Sep. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	133.643	/	150.46
	=	0.89

Horizon Global (FRA:2H6) COGS-to-Revenue Explanation

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

Horizon Global's Gross Margin % for the three months ended in Sep. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	133.643 / 150.46
	=	11.18 %

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.

Horizon Global COGS-to-Revenue Related Terms

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

Horizon Global (FRA:2H6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Horizon Global Corp (FRA:2H6) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

47912 Halyard Drive, Suite 100, Plymouth, MI, USA, 48170

Website

http://www.horizonglobal.com

Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton, harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg. The company's geographical segment includes Horizon Americas and Horizon Europe-Africa.

Horizon Global (FRA:2H6) Headlines

No Headlines