Salzgitter AG (Salzgitter AG) COGS-to-Revenue : 0.69 (As of Mar. 2024)

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What is Salzgitter AG COGS-to-Revenue?

Salzgitter AG's Cost of Goods Sold for the three months ended in Mar. 2024 was $1,999 Mil. Its Revenue for the three months ended in Mar. 2024 was $2,911 Mil.

Salzgitter AG's COGS to Revenue for the three months ended in Mar. 2024 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Salzgitter AG's Gross Margin % for the three months ended in Mar. 2024 was 31.33%.

Salzgitter AG COGS-to-Revenue Historical Data

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

Salzgitter AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.66

0.67

0.64

0.67

0.69

Salzgitter AG 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															0.67	0.69	0.69	0.70	0.69

Salzgitter AG COGS-to-Revenue Calculation

Salzgitter 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
	=	8088.659	/	11767.176
	=	0.69

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1998.804	/	2910.761
	=	0.69

Salzgitter AG (OTCPK:SZGPY) COGS-to-Revenue Explanation

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

Salzgitter AG'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	-	1998.804 / 2910.761
	=	31.33 %

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.

Salzgitter AG COGS-to-Revenue Related Terms

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Salzgitter AG (Salzgitter AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Salzgitter AG (OTCPK:SZGPY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

SZGd:UK 0G77:UK SZG:Germany SZG:Germany SZG:Germany SZG:Germany

Address

Eisenhüttenstrasse 99, Salzgitter, DEU, 38239

Website

https://www.salzgitter-ag.com

Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.