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Microvision (Microvision) Cost of Goods Sold : $2.77 Mil (TTM As of Dec. 2023)


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What is Microvision Cost of Goods Sold?

Microvision's cost of goods sold for the three months ended in Dec. 2023 was $0.90 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $2.77 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Microvision's Gross Margin % for the three months ended in Dec. 2023 was 82.32%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Microvision's Inventory Turnover for the three months ended in Dec. 2023 was 0.24.


Microvision Cost of Goods Sold Historical Data

The historical data trend for Microvision's Cost of Goods Sold 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.

* Premium members only.

Microvision Cost of Goods Sold Chart

Microvision Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.56 1.40 - 0.10 2.77

Microvision Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cost of Goods Sold 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 0.03 0.54 0.70 0.63 0.90

Microvision Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.77 Mil.

* 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.


Microvision  (NAS:MVIS) Cost of Goods Sold Explanation

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

Microvision's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(5.101 - 0.902) / 5.101
=82.32 %

* 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.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Microvision's Inventory Turnover for the three months ended in Dec. 2023 is calculated as:

* 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Microvision Cost of Goods Sold Related Terms

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Microvision (Microvision) Business Description

Traded in Other Exchanges
Address
18390 NE 68th Street, Redmond, WA, USA, 98052
Microvision Inc is engaged in developing a lidar sensor to be used in automotive safety and autonomous driving applications. Its lidar sensor uses laser beam scanning (LBS) technology, which is based on systems that include micro-electrical mechanical systems (MEMS), laser diodes, optomechanics, electronics, algorithms, and software. The company has also developed solutions for Augmented Reality, Interactive Displays, and Consumer Lidars.
Executives
Robert Paul Carlile director 1226 ALKI AVE SW, 5200, SEATTLE WA 98116
Judith Mecham Curran director 17883 STONEBROOK CT, NORTHVILLE MI 48168
Mark Bradley Spitzer director 5 MINK TRAP LANE, SHARON MA 02067
Sumit Sharma director, officer: CEO 541 LAKE WASHINGTON BLVD E, SEATTLE WA 98112
Jeffrey A Herbst director 35 ORCHARD HILLS STREET, ATHERTON CA 94027
Drew G Markham officer: VP, General Counsel 6244 185TH AVE NE, STE 100, REDMOND WA 98052
Seval F Oz director 14901 BRONSON AVENUE, SAN JOSE CA 95124
Simon Biddiscombe director C/O MOBILEIRON, INC., 415 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Anubhav Verma officer: VP, Chief Financial Officer 6244 185TH AVE NE, STE 100, REDMOND WA 98052
Stephen Patrick Holt officer: Chief Financial Officer C/O MICROVISION, INC., 6222 185TH AVE NE, REDMOND WA 98052
Brian V Turner director P.O. BOX 91123, SEATTLE WA 98111-9223
Perry Mulligan director EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626
Bernee Dl Strom director, Director 5500 LAKE WASHINGTON BLVD NE, UNIT 3B, KIRKLAND WA 98033
Alexander Y Tokman officer: President and COO C/O MICROVISION, INC., 6222 185TH AVENUE NE, REDMOND WA 98052
David J Westgor officer: VP,General Counsel & Secretary C/O MICROVISION, INC., 6244 185TH AVENUE NE, REDMOND WA 98052