CTS Eventim AG. KGaA (FRA:EVD) COGS-to-Revenue : 0.73 (As of Dec. 2023)

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What is CTS Eventim AG. KGaA COGS-to-Revenue?

CTS Eventim AG. KGaA's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,195 Mil. Its Revenue for the three months ended in Dec. 2023 was €1,629 Mil.

CTS Eventim AG. KGaA's COGS to Revenue for the three months ended in Dec. 2023 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CTS Eventim AG. KGaA's Gross Margin % for the three months ended in Dec. 2023 was 26.65%.

CTS Eventim AG. KGaA COGS-to-Revenue Historical Data

The historical data trend for CTS Eventim AG. KGaA'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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CTS Eventim AG. KGaA COGS-to-Revenue Chart

CTS Eventim AG. KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.72

0.96

0.80

0.77

0.74

CTS Eventim AG. KGaA 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	Get a 7-Day Free Trial															0.76	0.72	0.81	-	0.73

CTS Eventim AG. KGaA COGS-to-Revenue Calculation

CTS Eventim AG. KGaA's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1755.395	/	2358.552
	=	0.74

CTS Eventim AG. KGaA's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1195.098	/	1629.257
	=	0.73

CTS Eventim AG. KGaA (FRA:EVD) COGS-to-Revenue Explanation

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

CTS Eventim AG. KGaA'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	-	1195.098 / 1629.257
	=	26.65 %

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.

CTS Eventim AG. KGaA COGS-to-Revenue Related Terms

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CTS Eventim AG. KGaA (FRA:EVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CTS Eventim AG & Co. KGaA (FRA:EVD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CEVMY:USA CEVMF:USA EVDd:UK 0EEE:UK EVD:Germany EVD:Austria

Address

Contrescarpe 75 A, Bremen, HB, DEU, 28195

Website

https://www.eventim.de

CTS Eventim AG & Co. KGaA is a diversified media company that focuses on the ticketing market. The business is divided into two segments, ticketing, and live entertainment. The ticketing segment produces, sells, and distributes tickets for a variety of leisure-based events. The company sells tickets for concerts, sports, theater events, and provides travel services as well. The live entertainment business segment plans and organizes tour events, largely for music-based concerts. The company generates the vast majority of its revenue in Germany.

CTS Eventim AG. KGaA (FRA:EVD) Headlines

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