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Lucid Group (Lucid Group) COGS-to-Revenue : 2.61 (As of Dec. 2023)


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What is Lucid Group COGS-to-Revenue?

Lucid Group's Cost of Goods Sold for the three months ended in Dec. 2023 was $410.0 Mil. Its Revenue for the three months ended in Dec. 2023 was $157.2 Mil.

Lucid Group's COGS to Revenue for the three months ended in Dec. 2023 was 2.61.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lucid Group's Gross Margin % for the three months ended in Dec. 2023 was -160.91%.

Lucid Group COGS-to-Revenue Historical Data

The historical data trend for Lucid Group'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.

Lucid Group COGS-to-Revenue Chart

Lucid Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
0.86 0.77 5.71 2.71 3.25

Lucid Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only 2.39 3.35 3.68 3.41 2.61

Lucid Group COGS-to-Revenue Calculation

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

COGS to Revenue=Cost of Goods Sold / Revenue
=1936.066 / 595.271
=3.25

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

COGS to Revenue=Cost of Goods Sold / Revenue
=410.015 / 157.151
=2.61

* 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.

Lucid Group  (NAS:LCID) COGS-to-Revenue Explanation

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

Lucid Group'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 - 410.015 / 157.151
=-160.91 %

* 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.

Lucid Group COGS-to-Revenue Related Terms

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Lucid Group (Lucid Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lucid Group Inc (NAS:LCID) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
LCID:Mexico CH2A:Germany
Address
7373 Gateway Boulevard, Newark, CA, USA, 94560
Website
https://www.lucidmotors.com
Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It is a vertically integrated company that designs, engineers, and builds electric vehicles, EV powertrains, and battery systems in-house using our own equipment and factory.
Executives
Michael Bell officer: Senior Vice President, Digital C/O SILVER SPRING NETWORKS, INC., 555 BROADWAY STREET, REDWOOD CITY CA 94063
Ayar Third Investment Co director, 10 percent owner C/O THE PUBLIC INVESTMENT FUND, P.O. BOX 6847, RIYADH T0 11452
Investment Fund Public director, 10 percent owner THE PUBLIC INVESTMENT FUND TOWER,, KING ABDULLAH FINANCIAL DISTRICT (KAFD), AL AQIQ DISTRICT, RIYADH T0 13519
Eric Bach officer: SVP, Product & Chief Engineer 7373 GATEWAY BLVD,, NEWARK CA 94560
Sherry Ann House officer: Chief Financial Officer 7373 GATEWAY BLVD,, NEWARK CA 94560
Peter Dore Rawlinson director, officer: CEO & Chief Technology Officer 7373 GATEWAY BLVD, NEWARK CA 94560
Gagan Dhingra officer: VP of Acctng & Internal Ctrl 50 HAWTHORNE ST, SAN FRANCISCO CA 94105
Chabi Nouri director C/O LUCID GROUP, INC., 7373 GATEWAY BLVD., NEWARK CA 94560
Sherif Marakby director 6061 FAIRBORN DR, CANTON MI 48187
Ori Winitzer director C/O LUCID GROUP, INC., 7373 GATEWAY BLVD., NEWARK CA 94560
Glenn R August director C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
Turqi A. Alnowaiser director, 10 percent owner C/O THE PUBLIC INVESTMENT FUND, P.O. BOX 6847, RIYADH T0 11452
Anthony L Posawatz director 8071 PINE FOREST CT, DAVISBURY MI 48350
Nichelle Maynard-elliott director PLATFORM SPECIALTY PRODUCTS CORPORATION, 383 MAIN AVENUE, NORWALK CT 06851
Janet S. Wong director 2510 LAKE FRONT CIRCLE, THE WOODLANDS TX 77380-1576