WIRE has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
WIRE has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Encore Wire's Cost of Goods Sold for the three months ended in Mar. 2024 was $497 Mil. Its Revenue for the three months ended in Mar. 2024 was $633 Mil.
Encore Wire's COGS to Revenue for the three months ended in Mar. 2024 was 0.79.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Encore Wire's Gross Margin % for the three months ended in Mar. 2024 was 21.49%.
The historical data trend for Encore Wire'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.
Encore Wire Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
COGS-to-Revenue | Get a 7-Day Free Trial | 0.87 | 0.85 | 0.67 | 0.63 | 0.74 |
Encore Wire 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 | 0.69 | 0.74 | 0.77 | 0.78 | 0.79 |
Encore Wire's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 1911.839 | / | 2567.722 | |
= | 0.74 |
Encore Wire's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 496.672 | / | 632.661 | |
= | 0.79 |
* 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.
Encore Wire (NAS:WIRE) COGS-to-Revenue Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Encore Wire'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 | - | 496.672 / 632.661 | |
= | 21.49 % |
* 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.
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.
Thank you for viewing the detailed overview of Encore Wire's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
William Kelvin Walker | director | 1329 MILLWOOD ROAD, MCKINNEY TX 75069 |
Matthew D. Ford | officer: Controller | 1329 MILLWOOD ROAD, MCKINNEY TX 75069 |
Daniel L Jones | director, officer: Chairman, President & CEO | 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069 |
Bret J Eckert | officer: Vice President - Finance & CFO | P O BOX 650205, DALLAS TX 75265 |
Gregory J Fisher | director | 14643 DALLAS PAKWAY, STE 1000, DALLAS TX 75254-8890 |
Scott D Weaver | director | C/O WESTERN REFINING, INC., 6500 TROWBRIDGE DRIVE, EL PASO TX 79905 |
Thomas William R Iii | director | 12900 PRESTON ROAD, SUITE 700, DALLAS TX 75230 |
John H Wilson | director | 12900 PRESTON RD, STE 700, DALLAS TX 75230 |
Gina A. Norris | director | 1329 MILLWOOD ROAD, MCKINNEY TX 75069 |
Frank J Bilban | officer: Vice President - Finance & CFO | 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069 |
Donald Eugene Courtney | director | |
Capital Southwest Corp | director | 8333 DOUGLAS AVE, SUITE 1100, DALLAS TX 75225 |
Norman R Medlen | officer: Controller | 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069 |
Cunningham Thomas Lee Iii | director | |
Joseph M Brito | director | 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069 |
From GuruFocus
By Business Wire • 07-25-2023
By Business Wire Business Wire • 04-12-2023
By Business Wire Business Wire • 08-24-2022
By Business Wire • 07-18-2023
By Business Wire Business Wire • 08-03-2022
By Business Wire • 11-07-2023
By Business Wire Business Wire • 08-17-2022
By Business Wire Business Wire • 10-18-2022
By Business Wire • 10-24-2023
By John Navin • 03-14-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.