ElringKlinger AG (FRA:ZIL2) COGS-to-Revenue : 0.76 (As of Mar. 2024)

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What is ElringKlinger AG COGS-to-Revenue?

ElringKlinger AG's Cost of Goods Sold for the three months ended in Mar. 2024 was €355 Mil. Its Revenue for the three months ended in Mar. 2024 was €465 Mil.

ElringKlinger AG's COGS to Revenue for the three months ended in Mar. 2024 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ElringKlinger AG's Gross Margin % for the three months ended in Mar. 2024 was 23.78%.

ElringKlinger AG COGS-to-Revenue Historical Data

The historical data trend for ElringKlinger AG'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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ElringKlinger AG COGS-to-Revenue Chart

ElringKlinger AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.81

0.78

0.81

0.78

ElringKlinger AG 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															0.77	0.79	0.79	0.78	0.76

ElringKlinger AG COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1444.314	/	1847.12
	=	0.78

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	354.651	/	465.296
	=	0.76

ElringKlinger AG (FRA:ZIL2) COGS-to-Revenue Explanation

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

ElringKlinger AG'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	-	354.651 / 465.296
	=	23.78 %

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.

ElringKlinger AG COGS-to-Revenue Related Terms

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ElringKlinger AG (FRA:ZIL2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » ElringKlinger AG (FRA:ZIL2) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ELLRY:USA EGKLF:USA 0MG5:UK ZIL2:Germany

Address

Max-Eyth-Strasse 2, Dettingen an der Erms, DEU, 72581

Website

https://www.elringklinger.com

ElringKlinger AG is a supplier of original equipment parts for vehicles and engines. The company produces cylinder heads and specialty gaskets, plastic housing modules, shielding components for engines, transmissions, exhaust systems, exhaust gas purification technology as well as battery and fuel cell components. Erling Klinger also offers its product to customers in the aftermarkets. The segment of the company revenue is the original equipment division, while the majority of sales are generated outside its domestic German market.

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