Solid Power (Solid Power) COGS-to-Revenue : 0.72 (As of Mar. 2024)

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What is Solid Power COGS-to-Revenue?

Solid Power's Cost of Goods Sold for the three months ended in Mar. 2024 was $4.29 Mil. Its Revenue for the three months ended in Mar. 2024 was $5.95 Mil.

Solid Power's COGS to Revenue for the three months ended in Mar. 2024 was 0.72.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Solid Power's Gross Margin % for the three months ended in Mar. 2024 was 27.94%.

Solid Power COGS-to-Revenue Historical Data

The historical data trend for Solid Power'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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Solid Power COGS-to-Revenue Chart

Solid Power Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.80

0.79

1.13

0.81

1.59

Solid Power Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial											1.65	1.41	1.13	3.14	0.72

Solid Power COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	27.731	/	17.41
	=	1.59

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.29	/	5.953
	=	0.72

Solid Power (NAS:SLDP) COGS-to-Revenue Explanation

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

Solid Power'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	-	4.29 / 5.953
	=	27.94 %

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.

Solid Power COGS-to-Revenue Related Terms

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Solid Power (Solid Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solid Power Inc (NAS:SLDP) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

SLDPW:USA

Address

486 S. Pierce Avenue, Suite E, Louisville, CO, USA, 80027

Website

https://www.solidpowerbattery.com

Solid Power Inc is engaged in developing all-solid-state battery cell technology to enable the next generation of batteries for the EV and other markets. The company's planned business model is to license its all-solid-state battery cell designs and manufacturing know-how to top tier battery manufacturers or automotive original equipment manufacturers and to sell its sulfide-based solid electrolyte for incorporation into all-solid-state battery cells.

Executives

Joshua Buettner-garrett	officer: Chief Technology Officer	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Steven H Goldberg	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Kaled Awada	director	7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Susan M Kreh	director	18400 PLEASANT STREET, BROOKFIELD WI 53045
Van Scoter John C.	director, officer: President & CEO	486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Erik J Anderson	director, officer: Chief Executive Officer	1411 E MISSION AVE, SPOKANE WA 99202
Douglas M Campbell	director, officer: Chief Executive Officer	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
John Joseph Stephens	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Mary Ann Wright	director	486 S. PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Volta Energy Technologies, Llc	10 percent owner	28365 DAVIS PARKWAY, SUITE 202, WARRENVILLE IL 60555
Aleksandra A Miziolek	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Lesa B Roe	director	C/O SOLID POWER, INC., 486 S PIERCE AVE, SUITE E, LOUISVILLE CO 80027
Johnson Derek Colby	officer: Chief Operating Officer	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Rainer Feurer	director	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
David B Jansen	director, officer: President	C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027