UFP Technologies (UFP Technologies) COGS-to-Revenue

: 0.74 (As of Dec. 2023)

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UFP Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $75.4 Mil. Its Revenue for the three months ended in Dec. 2023 was $101.5 Mil.

UFP Technologies's COGS to Revenue for the three months ended in Dec. 2023 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. UFP Technologies's Gross Margin % for the three months ended in Dec. 2023 was 25.74%.

UFP Technologies COGS-to-Revenue Historical Data

The historical data trend for UFP Technologies'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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UFP Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.73

0.75

0.74

0.72

UFP Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue																0.74	0.71	0.70	0.72	0.74

UFP Technologies COGS-to-Revenue Calculation

UFP Technologies's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	287.847	/	400.072
	=	0.72

UFP Technologies's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	75.368	/	101.497
	=	0.74

UFP Technologies (NAS:UFPT) COGS-to-Revenue Explanation

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

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

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	75.368 / 101.497
	=	25.74 %

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.

UFP Technologies COGS-to-Revenue Related Terms

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UFP Technologies (UFP Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » UFP Technologies Inc (NAS:UFPT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

UFP:Germany

Address

100 Hale Street, Newburyport, MA, USA, 01950-3504

Website

https://www.ufpt.com

UFP Technologies Inc is a designer and custom manufacturer of components, subassemblies, products and packaging utilizing highly specialized foams, films, and plastics primarily for the medical market. The company manufactures its products by converting raw materials using laminating, molding, radio frequency and impulse welding and fabricating manufacturing techniques. It is an important link in the medical device supply chain and a valued outsource partner to many of the top medical device manufacturers in the world. The company's single-use and single-patient devices and components are used in a wide range of medical devices, disposable wound care products, infection prevention, minimally invasive surgery, wearables, orthopedic soft goods, and orthopedic implant packaging.

Executives

R Jeffrey Bailly	director, 10 percent owner, officer: President and CEO	100 HALE STREET, NEWBURYPORT MA 01950
Mitchell Rock	officer: Vice President	C/O UFP TECHNOLOGIES, INC., 172 EAST MAIN STREET, GEORGETOWN MA 01833
Jason Holt	officer: Vice President	100 HALE STREET, NEWBURYPORT MA 01950
Symeria Hudson	director	100 HALE STREET, NEWBURYPORT MA 01950
Joseph Hassett	director	ONE TECHNOLOGY WAY, NORWOOD MA 02062
Daniel C Croteau	director	C/O LYNCH, BREWER, HOFFMAN & FINK, LLP, 75 FEDERAL STREET, 7TH FLOOR, BOSTON MA 02110
Cynthia L Feldmann	director	17 WINTHROP ROAD, WAYLAND MA 01778
Christopher P. Litterio	officer: Senior Vice President	C/O UFP TECHNOLOGIES, INC., 100 HALE STREET, NEWBURYPORT MA 02143
Ronald J Lataille	officer: Chief Financial Officer
Thomas Oberdorf	director	C/O GETTY IMAGES, INC., 601 N 34TH ST, SEATTLE WA 98103
Marc D Kozin	director
Steve Cardin	officer: Vice President	100 HALE STREET, NEWBURYPORT MA 01950
Daniel J Shaw	officer: Vice President
W David Smith	officer: Vice President	172 EAST MAIN STREET, GEORGETOWN MA 01833
Pierce Robert W Jr	director	C/O UFP TECHNOLOGIES, INC., 172 EAST MAIN STREET, GEORGETOWN MA 01833