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Grenke AG (XTER:GLJ) COGS-to-Revenue : 0.52 (As of Sep. 2024)


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What is Grenke AG COGS-to-Revenue?

Grenke AG's Cost of Goods Sold for the three months ended in Sep. 2024 was €104.2 Mil. Its Revenue for the three months ended in Sep. 2024 was €198.9 Mil.

Grenke AG's COGS to Revenue for the three months ended in Sep. 2024 was 0.52.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Grenke AG's Gross Margin % for the three months ended in Sep. 2024 was 47.63%.


Grenke AG COGS-to-Revenue Historical Data

The historical data trend for Grenke 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.

* Premium members only.

Grenke AG COGS-to-Revenue Chart

Grenke AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.29 0.29 0.32 0.37 0.46

Grenke 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.46 0.47 0.53 0.51 0.52

Grenke AG COGS-to-Revenue Calculation

Grenke 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
=314.67 / 687.136
=0.46

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

COGS to Revenue=Cost of Goods Sold / Revenue
=104.158 / 198.898
=0.52

* 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.


Grenke AG  (XTER:GLJ) COGS-to-Revenue Explanation

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

Grenke 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 - 104.158 / 198.898
=47.63 %

* 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.

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.


Grenke AG COGS-to-Revenue Related Terms

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Grenke AG Business Description

Address
Neuer Markt 2, Baden-Baden, DEU, 76532
Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.
Executives
Manfred Piontke Supervisory Board
Moritz Grenke Supervisory Board
Dr. Martin Paal Board of Directors
Gilles Christ Board of Directors
Dr. Sebastian Hirsch Board of Directors
Norbert Freisleben Supervisory Board
Isabel Rösler Board of Directors

Grenke AG Headlines

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