Thor Industries (STU:TIV) COGS-to-Revenue : 0.88 (As of Jan. 2024)

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What is Thor Industries COGS-to-Revenue?

Thor Industries's Cost of Goods Sold for the three months ended in Jan. 2024 was €1,778 Mil. Its Revenue for the three months ended in Jan. 2024 was €2,026 Mil.

Thor Industries's COGS to Revenue for the three months ended in Jan. 2024 was 0.88.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Thor Industries's Gross Margin % for the three months ended in Jan. 2024 was 12.27%.

Thor Industries COGS-to-Revenue Historical Data

The historical data trend for Thor Industries'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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Thor Industries COGS-to-Revenue Chart

Thor Industries Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

COGS-to-Revenue

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0.88

0.86

0.85

0.83

0.86

Thor Industries Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
COGS-to-Revenue	Get a 7-Day Free Trial															0.88	0.85	0.86	0.86	0.88

Thor Industries COGS-to-Revenue Calculation

Thor Industries's COGS to Revenue for the fiscal year that ended in Jul. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8610.828	/	10053.931
	=	0.86

Thor Industries's COGS to Revenue for the quarter that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1777.727	/	2026.365
	=	0.88

Thor Industries (STU:TIV) COGS-to-Revenue Explanation

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

Thor Industries's Gross Margin % for the three months ended in Jan. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1777.727 / 2026.365
	=	12.27 %

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.

Thor Industries COGS-to-Revenue Related Terms

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Thor Industries (STU:TIV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thor Industries Inc (STU:TIV) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

THO:USA TIV:Germany

Address

601 East Beardsley Avenue, Elkhart, IN, USA, 46514-3305

Website

https://www.thorindustries.com

Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth wheel towables across over 30 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motorcaravans, campervans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts through the acquisition of Airxcel in 2021, however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2023, the company wholesaled 187,015 units and generated over $11.1 billion in revenue.

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