Volatus Aerospace (Volatus Aerospace) COGS-to-Revenue : 0.73 (As of Dec. 2023)

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What is Volatus Aerospace COGS-to-Revenue?

Volatus Aerospace's Cost of Goods Sold for the three months ended in Dec. 2023 was $5.74 Mil. Its Revenue for the three months ended in Dec. 2023 was $7.83 Mil.

Volatus Aerospace's COGS to Revenue for the three months ended in Dec. 2023 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Volatus Aerospace's Gross Margin % for the three months ended in Dec. 2023 was 26.66%.

Volatus Aerospace COGS-to-Revenue Historical Data

The historical data trend for Volatus Aerospace'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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Volatus Aerospace COGS-to-Revenue Chart

Volatus Aerospace Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.94

0.74

0.72

0.68

Volatus Aerospace Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial											0.72	0.68	0.66	0.64	0.73

Volatus Aerospace COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	17.693	/	25.994
	=	0.68

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5.74	/	7.827
	=	0.73

Volatus Aerospace (OTCPK:VLTTF) COGS-to-Revenue Explanation

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

Volatus Aerospace'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	-	5.74 / 7.827
	=	26.66 %

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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Volatus Aerospace (Volatus Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Volatus Aerospace Corp (OTCPK:VLTTF) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

VOL:Canada

Address

60 Airport Road, Lake Simcoe Regional Airport, Oro-Medonte, ON, CAN, L0L 2E0

Website

https://www.volatusaerospace.com

Volatus Aerospace Corp is a provider of integrated drone solutions. It offers a range of solutions and services throughout Canada, the United States, Latin America, and Europe for civilian and military applications, including system and vehicle sales, service and training; aerial inspection and imaging services; data processing and management; system design engineering, research and development, manufacture, and testing.