Planet Labs PBC (Planet Labs PBC) COGS-to-Revenue : 0.45 (As of Jan. 2024)

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What is Planet Labs PBC COGS-to-Revenue?

Planet Labs PBC's Cost of Goods Sold for the three months ended in Jan. 2024 was $26.37 Mil. Its Revenue for the three months ended in Jan. 2024 was $58.85 Mil.

Planet Labs PBC's COGS to Revenue for the three months ended in Jan. 2024 was 0.45.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Planet Labs PBC's Gross Margin % for the three months ended in Jan. 2024 was 55.19%.

Planet Labs PBC COGS-to-Revenue Historical Data

The historical data trend for Planet Labs PBC'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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Planet Labs PBC COGS-to-Revenue Chart

Planet Labs PBC Annual Data

Trend

Jan20

Jan21

Jan22

Jan23

Jan24

COGS-to-Revenue

1.07

0.77

0.63

0.51

0.49

Planet Labs PBC Quarterly Data
	Jan20	Jul20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
COGS-to-Revenue	Get a 7-Day Free Trial										0.45	0.47	0.51	0.53	0.45

Planet Labs PBC COGS-to-Revenue Calculation

Planet Labs PBC's COGS to Revenue for the fiscal year that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	107.746	/	220.696
	=	0.49

Planet Labs PBC's COGS to Revenue for the quarter that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	26.371	/	58.852
	=	0.45

Planet Labs PBC (NYSE:PLWS) COGS-to-Revenue Explanation

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

Planet Labs PBC's Gross Margin % for the three months ended in Jan. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	26.371 / 58.852
	=	55.19 %

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.

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Planet Labs PBC (Planet Labs PBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Planet Labs PBC (NYSE:PLWS) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

PL:USA

Address

645 Harrison Street, 4th Floor, San Francisco, CA, USA, 94107

Website

https://www.planet.com

Planet Labs PBC is an Earth-imaging company. The company provides daily satellite data that helps businesses, governments, researchers, and journalists understand the physical world and take action.