ITC (LUX:ITC) COGS-to-Revenue : 0.39 (As of Dec. 2023)

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What is ITC COGS-to-Revenue?

ITC's Cost of Goods Sold for the three months ended in Dec. 2023 was $846 Mil. Its Revenue for the three months ended in Dec. 2023 was $2,147 Mil.

ITC's COGS to Revenue for the three months ended in Dec. 2023 was 0.39.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ITC's Gross Margin % for the three months ended in Dec. 2023 was 60.60%.

ITC COGS-to-Revenue Historical Data

The historical data trend for ITC'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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ITC COGS-to-Revenue Chart

ITC Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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0.37

0.36

0.42

0.45

0.42

ITC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.39	0.42	0.38	0.40	0.39

ITC COGS-to-Revenue Calculation

ITC's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3581.107	/	8538.739
	=	0.42

ITC's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	845.827	/	2146.769
	=	0.39

ITC (LUX:ITC) COGS-to-Revenue Explanation

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

ITC's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	845.827 / 2146.769
	=	60.60 %

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.

ITC COGS-to-Revenue Related Terms

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ITC (LUX:ITC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » ITC Ltd (LUX:ITC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ITC:India 500875:India

Address

37 Jawaharlal Nehru Road, Virginia House, Kolkata, WB, IND, 700 071

Website

https://www.itcportal.com

ITC Ltd is an Indian conglomerate that primarily operates in the consumer goods space, particularly cigarettes. The company operates in four main business segments: Fast Moving Consumer Goods; Hotels; Paperboards, Paper, and Packaging; and Agri-Business. Roughly three-quarters of the company's total revenue comes from the Fast Moving Consumer Goods Business, which is dominated by cigarettes but also includes branded packaged foods, personal care products, and other categories. The company generates the vast majority of its revenue in India.