Tecan Group AG (FRA:TEN) COGS-to-Revenue : 0.65 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Tecan Group AG COGS-to-Revenue?

Tecan Group AG's Cost of Goods Sold for the six months ended in Dec. 2023 was €368 Mil. Its Revenue for the six months ended in Dec. 2023 was €565 Mil.

Tecan Group AG's COGS to Revenue for the six months ended in Dec. 2023 was 0.65.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tecan Group AG's Gross Margin % for the six months ended in Dec. 2023 was 34.88%.

Tecan Group AG COGS-to-Revenue Historical Data

The historical data trend for Tecan 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.

* Premium members only.

Tecan Group AG COGS-to-Revenue Chart

Tecan Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.53

0.51

0.57

0.62

0.64

Tecan Group AG 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															0.63	0.60	0.63	0.62	0.65

Tecan Group AG COGS-to-Revenue Calculation

Tecan 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
	=	725.202	/	1139.237
	=	0.64

Tecan 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
	=	367.97	/	565.052
	=	0.65

Tecan Group AG (FRA:TEN) COGS-to-Revenue Explanation

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

Tecan Group AG'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	-	367.97 / 565.052
	=	34.88 %

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.

Tecan Group AG COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Tecan Group AG's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Tecan Group AG (FRA:TEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tecan Group AG (FRA:TEN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TCGGY:USA TCHBF:USA TECNz:UK TECN:Switzerland

Address

Seestrasse 103, Mannedorf, CHE, 8708

Website

https://www.tecan.com

Tecan Group AG sells automated laboratory instruments and solutions for the diagnostics and life science research markets. The firm operates in two segments; Life Sciences Business (end-customer business) segment supplies end users with automated workflow solutions directly. These solutions include laboratory instruments, software packages, application know-how, services, consumables, and spare parts, and Partnering Business (OEM business) segment develops and manufactures OEM instruments and components that are distributed by partner companies under their own names. A majority proportion of Tecan's revenue is generated in the Americas and Europe.