Hexagon AB (Hexagon AB) COGS-to-Revenue : 0.34 (As of Mar. 2024)

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What is Hexagon AB COGS-to-Revenue?

Hexagon AB's Cost of Goods Sold for the three months ended in Mar. 2024 was $474 Mil. Its Revenue for the three months ended in Mar. 2024 was $1,413 Mil.

Hexagon AB's COGS to Revenue for the three months ended in Mar. 2024 was 0.34.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hexagon AB's Gross Margin % for the three months ended in Mar. 2024 was 66.43%.

Hexagon AB COGS-to-Revenue Historical Data

The historical data trend for Hexagon AB'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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Hexagon AB COGS-to-Revenue Chart

Hexagon AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.37

0.36

0.35

Hexagon AB 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															0.34	0.35	0.38	0.34	0.34

Hexagon AB COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2063.25	/	5927.154
	=	0.35

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	474.348	/	1412.935
	=	0.34

Hexagon AB (OTCPK:HXGBY) COGS-to-Revenue Explanation

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

Hexagon AB'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	-	474.348 / 1412.935
	=	66.43 %

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.

Hexagon AB COGS-to-Revenue Related Terms

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Hexagon AB (Hexagon AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hexagon AB (OTCPK:HXGBY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

HXGBF:USA HEXA B:Sweden HEXABs:UK HXG:Germany

Address

Lilla Bantorget 15, Stockholm, SWE, SE-111 23

Website

https://www.hexagon.com

Hexagon AB provides information technology for industrial applications. It offers solutions in two segments: geospatial enterprise solutions and industrial enterprise solutions. Each segment contributes roughly half of the firm's overall revenue. Hexagon's geospatial solutions are used for infrastructure, mining, agriculture, and public safety. The industrial enterprise solutions are used to measure and inspect the quality of complex parts used in manufacturing processes. Hexagon's largest geographic markets are Americas and EMEA, with each market contributing more than a fourth of the firm's overall revenue.