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AppHarvest (AppHarvest) COGS-to-Revenue : 2.64 (As of Mar. 2023)


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What is AppHarvest COGS-to-Revenue?

AppHarvest's Cost of Goods Sold for the three months ended in Mar. 2023 was $34.35 Mil. Its Revenue for the three months ended in Mar. 2023 was $13.01 Mil.

AppHarvest's COGS to Revenue for the three months ended in Mar. 2023 was 2.64.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. AppHarvest's Gross Margin % for the three months ended in Mar. 2023 was -163.97%.

AppHarvest COGS-to-Revenue Historical Data

The historical data trend for AppHarvest'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.

AppHarvest COGS-to-Revenue Chart

AppHarvest Annual Data
Trend Dec20 Dec21 Dec22
COGS-to-Revenue
- 4.63 3.91

AppHarvest Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.62 3.24 11.21 5.16 2.64

AppHarvest COGS-to-Revenue Calculation

AppHarvest's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=56.995 / 14.592
=3.91

AppHarvest's COGS to Revenue for the quarter that ended in Mar. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=34.345 / 13.011
=2.64

* 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.

AppHarvest  (OTCPK:APPHQ) COGS-to-Revenue Explanation

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

AppHarvest's Gross Margin % for the three months ended in Mar. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 34.345 / 13.011
=-163.97 %

* 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.

AppHarvest COGS-to-Revenue Related Terms

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AppHarvest (AppHarvest) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » AppHarvest Inc (OTCPK:APPHQ) » Definitions » COGS-to-Revenue
Comparable Companies
AGRI OGAA EDBL SISI ADM SZSE:002714 SZSE:300498 TSN SHSE:600438 BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:2445 XKLS:4065 BKK:CPF SZSE:002385 SZSE:002299 SHSE:600095
Traded in Other Exchanges
N/A
Address
500 Appalachian Way, Morehead, KY, USA, 40351
Website
https://www.appharvest.com
AppHarvest Inc operates in the agriculture sector. It is an agriculture technology company. The company is engaged in developing and operating controlled environment indoor farms.
Executives
Gary Broadbent officer: Chief Legal and Restructuring C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
David J. Lee director, officer: President C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103
Hollie P. Harris director C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Anthony Ronald Martin director C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Julie Nelson officer: Chief Operating Officer C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
J Kevin Willis director 50 E RIVERCENTER BLVD, COVINGTON KY 41011
Patrick Halfmann director C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Ciara Burnham director 3110 MAIN STREET, SUITE 400, SANTA MONICA CA 90405
Loren Eggleton officer: Chief Financial Officer C/O APPHARVEST, INC., 401 W. MAIN STREET, SUITE 321, LEXINGTON KY 40507
Greg W. Couch director C/O APPHARVEST, INC., 401 W. MAIN STREET, SUITE 321, LEXINGTON KY 40507
Jeffrey W Ubben director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Ralph Geof Rochester director C/O APPHARVEST, INC., 500 APPALACHIAN WAY, MOREHEAD KY 40351
Robert J Laikin director C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Kiran Bhatraju director C/O APPHARVEST, INC., 401 W. MAIN STREET, SUITE 321, LEXINGTON KY 40507
Martha Stewart director C/O MARTHA STEWART LIVING OMNIMEDIA INC, 20 WEST 43RD STREET, NEW YORK NY 10036