Vitesco Technologies Group AG (XTER:VTSC) COGS-to-Revenue : 0.83 (As of Dec. 2023)

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What is Vitesco Technologies Group AG COGS-to-Revenue?

Vitesco Technologies Group AG's Cost of Goods Sold for the three months ended in Dec. 2023 was €1,886 Mil. Its Revenue for the three months ended in Dec. 2023 was €2,278 Mil.

Vitesco Technologies Group AG's COGS to Revenue for the three months ended in Dec. 2023 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vitesco Technologies Group AG's Gross Margin % for the three months ended in Dec. 2023 was 17.22%.

Vitesco Technologies Group AG COGS-to-Revenue Historical Data

The historical data trend for Vitesco Technologies Group 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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Vitesco Technologies Group AG COGS-to-Revenue Chart

Vitesco Technologies Group AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.87

0.85

Vitesco Technologies Group AG Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial												0.88	0.86	0.84	0.85	0.83

Vitesco Technologies Group AG COGS-to-Revenue Calculation

Vitesco Technologies Group 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
	=	7820.9	/	9233.2
	=	0.85

Vitesco Technologies Group AG's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1885.8	/	2278
	=	0.83

Vitesco Technologies Group AG (XTER:VTSC) COGS-to-Revenue Explanation

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

Vitesco Technologies Group AG'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	-	1885.8 / 2278
	=	17.22 %

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.

Vitesco Technologies Group AG COGS-to-Revenue Related Terms

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Vitesco Technologies Group AG (XTER:VTSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Vitesco Technologies Group AG (XTER:VTSC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

VTSCF:USA VTSCY:USA 0AAF:UK VTS:Germany VTS:Germany VTSC:Germany VTSC:Austria

Address

Siemensstrase 12, Regensburg, BY, DEU, 93055

Website

https://www.vitesco-technologies.com

Vitesco is a global Tier I automotive supplier of internal combustion engine, hybrid electric, battery electric, and fuel cell electric vehicle powertrain components and systems, operating through four segments: electrification technology, electronic controls, sensing and actuation, and contract manufacturing. The company was spun off from Continental in September 2021. ICE powertrain products include electronic controls, sensors, actuators, turbochargers, hydraulic components, pumps, and emissions technologies. HEV, BEV, and FCEV products include battery management systems, on-board chargers, battery junction boxes, e-motors, inverters, converters, thermal control, electronic control units, pumps, flow control valves, sensors, and actuators.

Executives

Ingo Holstein	Board of Directors
Werner Volz	Board of Directors
Andreas Wolf	Board of Directors
Klaus Hau	Board of Directors
Thomas Stierle	Board of Directors
Prof. Dr. Hans-jörg Bullinger	Supervisory Board
Joachim Hirsch	Supervisory Board
Prof. Siegfried Wolf	Supervisory Board

Vitesco Technologies Group AG (XTER:VTSC) Headlines

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