CIR SpA (LTS:0ONR) COGS-to-Revenue : 0.54 (As of Dec. 2023)

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What is CIR SpA COGS-to-Revenue?

CIR SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €620 Mil. Its Revenue for the six months ended in Dec. 2023 was €1,157 Mil.

CIR SpA's COGS to Revenue for the six months ended in Dec. 2023 was 0.54.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CIR SpA's Gross Margin % for the six months ended in Dec. 2023 was 46.42%.

CIR SpA COGS-to-Revenue Historical Data

The historical data trend for CIR 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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CIR SpA COGS-to-Revenue Chart

CIR SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.57

0.54

0.57

0.55

CIR SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.55	0.57	0.58	0.56	0.54

CIR SpA COGS-to-Revenue Calculation

CIR 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
	=	1310.432	/	2379.836
	=	0.55

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	619.735	/	1156.736
	=	0.54

CIR SpA (LTS:0ONR) COGS-to-Revenue Explanation

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

CIR 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	-	619.735 / 1156.736
	=	46.42 %

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.

CIR SpA COGS-to-Revenue Related Terms

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CIR SpA (LTS:0ONR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CIR SpA (LTS:0ONR) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

CIR:Italy

Address

Via Ciovassino 1, Milan, ITA, 20121

Website

https://www.cirgroup.it

CIR SpA is a holding company engaged in the Automotive Components and Healthcare Sectors. It operates through two subsidiaries namely, the KOS group and the Sogefi group. Sogefi Group is engaged in providing automobile components that generate maximum revenue for the company. Its geographical operations are spread across Italy, Other European countries, North America, South America, and Asia.

CIR SpA (LTS:0ONR) Headlines

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