Ercros (LTS:0M0E) COGS-to-Revenue : 0.65 (As of Mar. 2024)

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What is Ercros COGS-to-Revenue?

Ercros's Cost of Goods Sold for the three months ended in Mar. 2024 was €118.0 Mil. Its Revenue for the three months ended in Mar. 2024 was €182.6 Mil.

Ercros's COGS to Revenue for the three months ended in Mar. 2024 was 0.65.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ercros's Gross Margin % for the three months ended in Mar. 2024 was 35.39%.

Ercros COGS-to-Revenue Historical Data

The historical data trend for Ercros'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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Ercros COGS-to-Revenue Chart

Ercros Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.66

0.61

0.68

0.69

0.70

Ercros Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.64	0.68	0.71	0.82	0.65

Ercros COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	494.673	/	707.214
	=	0.70

Ercros's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	117.983	/	182.607
	=	0.65

Ercros (LTS:0M0E) COGS-to-Revenue Explanation

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

Ercros's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	117.983 / 182.607
	=	35.39 %

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.

Ercros COGS-to-Revenue Related Terms

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Ercros (LTS:0M0E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ercros SA (LTS:0M0E) » Definitions » COGS-to-Revenue

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ECR:Spain CRS1:Germany

Address

Avinguda Diagonal, 593-595, Barcelona, ESP, 08014

Website

http://www.ercros.es

Ercros SA is a chemical manufacturing company operating in basic and plastic chemicals divisions, intermediate chemicals division, and pharmaceuticals division. The company's product portfolio includes Caustic soda, Hydrochloric acid, Sodium chloride, Sodium hypochlorite, Glues and resins, Moulding compounds, Pentaerythritol, Erythromycin, Fosfomycin, Fusidic acid, among others. Its products are supplied to various industries including the chemical industry, construction, wood industry, paints, food industry, pharmaceuticals, electric material, and water treatment. The majority of the revenue is derived from the sale of basic chemicals in the local markets.

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