Global Business Travel Group (Global Business Travel Group) COGS-to-Revenue : 0.40 (As of Mar. 2024)

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What is Global Business Travel Group COGS-to-Revenue?

Global Business Travel Group's Cost of Goods Sold for the three months ended in Mar. 2024 was $245 Mil. Its Revenue for the three months ended in Mar. 2024 was $610 Mil.

Global Business Travel Group's COGS to Revenue for the three months ended in Mar. 2024 was 0.40.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Global Business Travel Group's Gross Margin % for the three months ended in Mar. 2024 was 59.84%.

Global Business Travel Group COGS-to-Revenue Historical Data

The historical data trend for Global Business Travel Group'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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Global Business Travel Group COGS-to-Revenue Chart

Global Business Travel Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.42

0.67

0.63

0.45

0.42

Global Business Travel Group Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial									0.42	0.41	0.42	0.43	0.40

Global Business Travel Group COGS-to-Revenue Calculation

Global Business Travel Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	958	/	2290
	=	0.42

Global Business Travel Group's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	245	/	610
	=	0.40

Global Business Travel Group (NYSE:GBTG) COGS-to-Revenue Explanation

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

Global Business Travel Group'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	-	245 / 610
	=	59.84 %

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.

Global Business Travel Group COGS-to-Revenue Related Terms

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Global Business Travel Group (Global Business Travel Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Global Business Travel Group Inc (NYSE:GBTG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 3rd Avenue, 4th Floor, New York, NY, USA, 10017

Website

https://investors.amexglobalbusinesstravel.com

Global Business Travel Group Inc operates as a business-to-business travel platform. It is engaged in providing software and services to manage travel, expenses, and meetings and events for companies of all sizes. The company is engaged in building the marketplace in B2B travel to deliver unrivaled choice, value, and experiences. It also provides business travel solutions, simplified travel management, and business consulting services. Further, It provides a service solution, automated booking, diverse options, system integration, and specialized traveler care. The company also offers Expert Auditor Expert Care and Business Travel App.

Executives

Karen A Williams	officer: Chief Financial Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Paul G Abbott	director, officer: Chief Executive Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Eric J. Bock	officer: See remarks	300 GALLERIA PARKWAY, NW, ATLANTA GA 30339
Martine Gerow	officer: Chief Financial Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
James Peter Bush	director	200 VESEY STREET, NEW YORK NY 10285
Vliet Christopher Van	officer: Vice President, Controller	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Asof Investment Management Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, C/O ARES MANAGEMENT, LOS ANGELES CA 90067
Ares Management Llc	10 percent owner	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Michael Qualantone	officer: Chief Revenue Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Expedia Group, Inc.	director, 10 percent owner	1111 EXPEDIA GROUP WAY W., SEATTLE WA 98119
Evan Konwiser	officer: See remarks	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Boriana Tchobanova	officer: Chief Transformation Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Mark Hollyhead	officer: President, Egencia	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Patricia Anne Huska	officer: Chief People Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Andrew George Crawley	officer: Chief Commercial Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017