GXO Logistics (FRA:93N) COGS-to-Revenue : 0.87 (As of Mar. 2024)

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What is GXO Logistics COGS-to-Revenue?

GXO Logistics's Cost of Goods Sold for the three months ended in Mar. 2024 was €1,976 Mil. Its Revenue for the three months ended in Mar. 2024 was €2,260 Mil.

GXO Logistics's COGS to Revenue for the three months ended in Mar. 2024 was 0.87.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. GXO Logistics's Gross Margin % for the three months ended in Mar. 2024 was 12.54%.

GXO Logistics COGS-to-Revenue Historical Data

The historical data trend for GXO Logistics'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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GXO Logistics COGS-to-Revenue Chart

GXO Logistics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.89

0.88

0.86

GXO Logistics Quarterly Data
	Dec18	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														0.86	0.85	0.86	0.87	0.87

GXO Logistics COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7699.132	/	8966.426
	=	0.86

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1976.16	/	2259.52
	=	0.87

GXO Logistics (FRA:93N) COGS-to-Revenue Explanation

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

GXO Logistics'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	-	1976.16 / 2259.52
	=	12.54 %

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.

GXO Logistics COGS-to-Revenue Related Terms

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GXO Logistics (FRA:93N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » GXO Logistics Inc (FRA:93N) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GXO:USA GXO:Mexico 93N:Germany

Address

Two American Lane, Greenwich, CT, USA, 06831

Website

https://www.gxo.com

GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, and reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale. Geographically, it derives a majority of revenue from the United Kingdom.

GXO Logistics (FRA:93N) Headlines

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