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Asbury Automotive Group (FRA:AWG) COGS-to-Revenue : 0.82 (As of Mar. 2024)


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What is Asbury Automotive Group COGS-to-Revenue?

Asbury Automotive Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €3,175 Mil. Its Revenue for the three months ended in Mar. 2024 was €3,865 Mil.

Asbury Automotive Group's COGS to Revenue for the three months ended in Mar. 2024 was 0.82.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Asbury Automotive Group's Gross Margin % for the three months ended in Mar. 2024 was 17.85%.

Asbury Automotive Group COGS-to-Revenue Historical Data

The historical data trend for Asbury Automotive Group'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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Asbury Automotive Group COGS-to-Revenue Chart

Asbury Automotive Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.83 0.81 0.80 0.81

Asbury Automotive Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.81 0.82 0.82 0.82

Asbury Automotive Group COGS-to-Revenue Calculation

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

COGS to Revenue=Cost of Goods Sold / Revenue
=11047.007 / 13574.076
=0.81

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

COGS to Revenue=Cost of Goods Sold / Revenue
=3175.196 / 3865.196
=0.82

* 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.

Asbury Automotive Group  (FRA:AWG) COGS-to-Revenue Explanation

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

Asbury Automotive Group'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 - 3175.196 / 3865.196
=17.85 %

* 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.

Asbury Automotive Group COGS-to-Revenue Related Terms

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Asbury Automotive Group (FRA:AWG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Asbury Automotive Group Inc (FRA:AWG) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
ABG:USA AWG:Germany
Address
2905 Premiere Parkway North West, Suite 300, Duluth, GA, USA, 30097
Website
https://www.asburyauto.com
Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 138 new-vehicle stores, seven used-vehicle stores, and 32 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 14 states (mostly Texas, the West, and the Southeast). Asbury store brands include David McDavid and Park Place in Texas, and the Larry H. Miller brand in the Western U.S. It plans to acquire Koons in the Washington, D.C. area in late 2023 or early 2024. Asbury generated $15.4 billion of revenue in 2022 and is based in the Atlanta area. The firm targets about $32 billion in 2025.

Asbury Automotive Group (FRA:AWG) Headlines

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