GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ESS Tech Inc (NYSE:GWH) » Definitions » COGS-to-Revenue

ESS Tech (ESS Tech) COGS-to-Revenue : 4.06 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is ESS Tech COGS-to-Revenue?

ESS Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was $11.13 Mil. Its Revenue for the three months ended in Mar. 2024 was $2.74 Mil.

ESS Tech's COGS to Revenue for the three months ended in Mar. 2024 was 4.06.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ESS Tech's Gross Margin % for the three months ended in Mar. 2024 was -306.36%.

ESS Tech COGS-to-Revenue Historical Data

The historical data trend for ESS Tech'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.

* Premium members only.

ESS Tech COGS-to-Revenue Chart

ESS Tech Annual Data
Trend Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
- - - 2.72

ESS Tech Quarterly Data
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 - - 6.59 3.69 4.06

ESS Tech COGS-to-Revenue Calculation

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

COGS to Revenue=Cost of Goods Sold / Revenue
=20.495 / 7.54
=2.72

ESS Tech's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=11.126 / 2.738
=4.06

* 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.

ESS Tech  (NYSE:GWH) COGS-to-Revenue Explanation

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

ESS Tech'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 - 11.126 / 2.738
=-306.36 %

* 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.

ESS Tech COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of ESS Tech's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

ESS Tech (ESS Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ESS Tech Inc (NYSE:GWH) » Definitions » COGS-to-Revenue
Comparable Companies
EOSE SLDP SKYX AMPX ULBI ADSE CBAT NEOV PPSI LTBR SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 VRT HUBB XKRX:247540
Traded in Other Exchanges
GWHWS:USA
Address
26440 SW Parkway Avenue, Building 83, Wilsonville, OR, USA, 97070
Website
https://www.essinc.com
ESS Tech Inc is a long-duration energy storage company specializing in iron flow battery technology. The company design and produce long-duration batteries predominantly using earth-abundant materials.
Executives
Harry Quarls director 14701 ST. MARY'S LANE, SUITE 275, HOUSTON TX 77079
Kyle Teamey director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Honeywell International Inc 10 percent owner 855 S. MINT STREET, CHARLOTTE NC 28202
Sandeep Nijhawan director ESS TECH, INC., 26440 SW PARKWAY AVE., BLDG 83, WILSONVILLE OR 97070
Michael R Niggli director 101 ASH STREET HQ18, SAN DIEGO CA 92101
Rich Hossfeld director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Craig E Evans director, officer: President C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Eric P. Dresselhuys director, officer: Chief Executive Officer 555 BROADWAY STREET, REDWOOD CITY CA 94063
Anthony Rabb officer: Chief Financial Officer C/O ESS TECH, INC., 26440 SW PARKWAY AVE., BLDG 83, WILSONVILLE OR 97070
Amir Moftakhar officer: Chief Financial Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Claudia Gast director C/O GLOBAL TECHNOLOGY ACQUISITION CORP I, 19 WEST 24TH STREET, 10TH FLOOR, NEW YORK NY 10010
Jeff Bodner officer: Chief Accounting Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE CA 97070
Breakthrough Energy Investments Llc 10 percent owner 250 SUMMER STREET, 4TH FLOOR, BOSTON MA 02210
Julia Song officer: Chief Technology Officer C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070
Shirley Speakman director C/O ESS TECH INC, 26440 SW PARKWAY AVE BLDG. 83, WILSONVILLE OR 97070