Iveco Group NV (MIL:IVG) COGS-to-Revenue : 0.85 (As of Dec. 2023)

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What is Iveco Group NV COGS-to-Revenue?

Iveco Group NV's Cost of Goods Sold for the three months ended in Dec. 2023 was €4,131 Mil. Its Revenue for the three months ended in Dec. 2023 was €4,877 Mil.

Iveco Group NV's COGS to Revenue for the three months ended in Dec. 2023 was 0.85.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Iveco Group NV's Gross Margin % for the three months ended in Dec. 2023 was 15.30%.

Iveco Group NV COGS-to-Revenue Historical Data

The historical data trend for Iveco Group NV'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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Iveco Group NV COGS-to-Revenue Chart

Iveco Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.86

0.91

0.87

0.85

Iveco Group NV Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial											0.86	0.86	0.84	0.84	0.85

Iveco Group NV COGS-to-Revenue Calculation

Iveco Group NV's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	13513	/	15877
	=	0.85

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4131	/	4877
	=	0.85

Iveco Group NV (MIL:IVG) COGS-to-Revenue Explanation

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

Iveco Group NV'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	-	4131 / 4877
	=	15.30 %

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.

Iveco Group NV COGS-to-Revenue Related Terms

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Iveco Group NV (MIL:IVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Iveco Group NV (MIL:IVG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

IVCGF:USA IVGm:UK R3D:Germany

Address

Via Puglia n. 35, Turin, ITA, 10156

Website

https://www.ivecogroup.com

Iveco Group NV is engaged in the design, production, marketing, sale, servicing, and financing of trucks, commercial vehicles, buses, and specialty vehicles for firefighting, defense, and other uses, as well as combustion engines, alternative propulsion systems, transmissions, and axles. The group has three operating segments: Commercial and Specialty Vehicles, Powertrain and Financial Services. Majority of revenue is generated from Commercial and Specialty Vehicles. Commercial and Specialty Vehicles designs, manufactures and distributes a full range of light, medium, and heavy vehicles for the transportation and distribution of goods; city-buses, commuter buses; quarry and mining equipment. Geographically, majority of revenue is generated from Europe.

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