ErreDue SpA (MIL:RDUE) COGS-to-Revenue : 0.41 (As of Dec. 2023)

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What is ErreDue SpA COGS-to-Revenue?

ErreDue SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €3.58 Mil. Its Revenue for the six months ended in Dec. 2023 was €8.64 Mil.

ErreDue SpA's COGS to Revenue for the six months ended in Dec. 2023 was 0.41.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ErreDue SpA's Gross Margin % for the six months ended in Dec. 2023 was 58.64%.

ErreDue SpA COGS-to-Revenue Historical Data

The historical data trend for ErreDue SpA'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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ErreDue SpA COGS-to-Revenue Chart

ErreDue SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.41

0.46

0.39

0.45

0.41

ErreDue SpA Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial			0.39	0.43	0.46	0.41	0.41

ErreDue SpA COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6.804	/	16.499
	=	0.41

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.575	/	8.643
	=	0.41

ErreDue SpA (MIL:RDUE) COGS-to-Revenue Explanation

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

ErreDue SpA's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3.575 / 8.643
	=	58.64 %

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.

ErreDue SpA COGS-to-Revenue Related Terms

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ErreDue SpA (MIL:RDUE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ErreDue SpA (MIL:RDUE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via G. Gozzano, 3, Livorno, ITA, 57121

Website

https://www.erreduegas.it

ErreDue SpA designs manufacture and markets solutions for the on-site production, blending, and purification of technical gases (hydrogen produced by electrolysis of water, nitrogen, and oxygen) intended for use in small, medium, and large industrial sites, laboratories, medical applications, applications related to the energy transition. Its range of products comprises High purity Hydrogen generators, High purity Nitrogen generators, Oxygen generators, and Purification systems for Nitrogen, Hydrogen, Oxygen, and complex gas mixtures.

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