diff --git a/addons/mrp/report/mrp_bom_cost_report_templates.xml b/addons/mrp/report/mrp_bom_cost_report_templates.xml
index 0590c2ffdff..c81bb2c1b9d 100644
--- a/addons/mrp/report/mrp_bom_cost_report_templates.xml
+++ b/addons/mrp/report/mrp_bom_cost_report_templates.xml
@@ -46,7 +46,7 @@
                                     </td>
                                 </tr>
                                 <tr>
-                                    <th colspan="6" class="text-right">Total Cost of Raw Materials</th>
+                                    <th colspan="6" class="text-right">Total Cost of Components</th>
                                     <th class="text-right">
                                         <span t-esc="line['total']" t-options='{"widget": "monetary", "display_currency": currency}'/>
                                     </th>