Vestas Wind Systems AS (LTS:0NMK) COGS-to-Revenue : 0.82 (As of Dec. 2024)

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What is Vestas Wind Systems AS COGS-to-Revenue?

Vestas Wind Systems AS's Cost of Goods Sold for the three months ended in Dec. 2024 was kr37,497 Mil. Its Revenue for the three months ended in Dec. 2024 was kr45,798 Mil.

Vestas Wind Systems AS's COGS to Revenue for the three months ended in Dec. 2024 was 0.82.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vestas Wind Systems AS's Gross Margin % for the three months ended in Dec. 2024 was 18.12%.

Vestas Wind Systems AS COGS-to-Revenue Historical Data

The historical data trend for Vestas Wind Systems AS'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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Vestas Wind Systems AS COGS-to-Revenue Chart

Vestas Wind Systems AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

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0.90

0.99

0.92

0.88

Vestas Wind Systems AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
COGS-to-Revenue	Get a 7-Day Free Trial															0.89	0.91	0.95	0.89	0.82

Vestas Wind Systems AS COGS-to-Revenue Calculation

Vestas Wind Systems AS's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	113640.377	/	128980.858
	=	0.88

Vestas Wind Systems AS's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	37497.297	/	45797.713
	=	0.82

Vestas Wind Systems AS (LTS:0NMK) COGS-to-Revenue Explanation

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

Vestas Wind Systems AS's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	37497.297 / 45797.713
	=	18.12 %

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.

Vestas Wind Systems AS COGS-to-Revenue Related Terms

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Vestas Wind Systems AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vestas Wind Systems AS (LTS:0NMK) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

VWSYF:USA VWDRY:USA VWSc:UK VWS:Denmark VWSB:Germany VWSB:Bulgaria VWSB:Austria

Address

Hedeager 42, Aarhus, DNK, 8200

Website

https://www.vestas.com

Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

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