Takkt AG (LTS:0GC8) COGS-to-Revenue : 0.60 (As of Sep. 2024)

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What is Takkt AG COGS-to-Revenue?

Takkt AG's Cost of Goods Sold for the three months ended in Sep. 2024 was €163 Mil. Its Revenue for the three months ended in Sep. 2024 was €269 Mil.

Takkt AG's COGS to Revenue for the three months ended in Sep. 2024 was 0.60.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Takkt AG's Gross Margin % for the three months ended in Sep. 2024 was 39.55%.

Takkt AG COGS-to-Revenue Historical Data

The historical data trend for Takkt 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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Takkt AG COGS-to-Revenue Chart

Takkt AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.59

0.60

0.61

0.60

Takkt AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial															0.60	0.60	0.59	0.60	0.60

Takkt AG COGS-to-Revenue Calculation

Takkt 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
	=	746.604	/	1240.018
	=	0.60

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	162.6	/	269
	=	0.60

Takkt AG (LTS:0GC8) COGS-to-Revenue Explanation

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

Takkt AG's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	162.6 / 269
	=	39.55 %

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.

Takkt AG COGS-to-Revenue Related Terms

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Takkt AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Takkt AG (LTS:0GC8) » Definitions » COGS-to-Revenue

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TTK:Germany TTK:Germany TTK:Germany TTK:Germany

Address

Presselstrasse 12, Stuttgart, BW, DEU, 70191

Website

https://www.takkt.de

Takkt AG specializes in B2B distance selling for business equipment. The company is engaged in three segments namely, Industrial & Packaging, Office Furniture & Displays and FoodService. A substantial part of the company's revenue is generated from the Industrial & Packaging segment which provides products like pallet lifting trucks, swivel chairs and special-purpose products such as environmental cabinets and containers for hazardous materials as well as collapsible boxes, package padding, shipping pallets, and stretch film among others. The company has its geographical presence in Germany, Europe (without Germany), USA which generates key revenue, and other regions.

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