Volvo Car AB (OSTO:VOLCAR B) COGS-to-Revenue : 0.81 (As of Mar. 2024)

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What is Volvo Car AB COGS-to-Revenue?

Volvo Car AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr75,806 Mil. Its Revenue for the three months ended in Mar. 2024 was kr93,878 Mil.

Volvo Car AB's COGS to Revenue for the three months ended in Mar. 2024 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Volvo Car AB's Gross Margin % for the three months ended in Mar. 2024 was 19.25%.

Volvo Car AB COGS-to-Revenue Historical Data

The historical data trend for Volvo Car AB'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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Volvo Car AB COGS-to-Revenue Chart

Volvo Car AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.81

0.82

0.78

0.82

0.81

Volvo Car AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial												0.82	0.81	0.80	0.79	0.81

Volvo Car AB COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	321916	/	399343
	=	0.81

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	75806	/	93878
	=	0.81

Volvo Car AB (OSTO:VOLCAR B) COGS-to-Revenue Explanation

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

Volvo Car AB'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	-	75806 / 93878
	=	19.25 %

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.

Volvo Car AB COGS-to-Revenue Related Terms

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Volvo Car AB (OSTO:VOLCAR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volvo Car AB (OSTO:VOLCAR B) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

VLVCY:USA VLVOF:USA VOLCBs:UK 8JO:Germany

Address

VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31

Website

https://www.volvocars.com

Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it derives a majority of its revenue from China and also has a presence in the US; Sweden; Germany; United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

Volvo Car AB (OSTO:VOLCAR B) Headlines

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