Aurora Cannabis (Aurora Cannabis) COGS-to-Revenue : 0.69 (As of Dec. 2023)

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What is Aurora Cannabis COGS-to-Revenue?

Aurora Cannabis's Cost of Goods Sold for the three months ended in Dec. 2023 was $33.3 Mil. Its Revenue for the three months ended in Dec. 2023 was $48.0 Mil.

Aurora Cannabis's COGS to Revenue for the three months ended in Dec. 2023 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Aurora Cannabis's Gross Margin % for the three months ended in Dec. 2023 was 30.74%.

Aurora Cannabis COGS-to-Revenue Historical Data

The historical data trend for Aurora Cannabis'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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Aurora Cannabis COGS-to-Revenue Chart

Aurora Cannabis Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

COGS-to-Revenue

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0.11

0.21

0.42

1.07

1.09

Aurora Cannabis Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															1.26	0.71	0.67	0.46	0.69

Aurora Cannabis COGS-to-Revenue Calculation

Aurora Cannabis's COGS to Revenue for the fiscal year that ended in Jun. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	218.339	/	200.697
	=	1.09

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	33.256	/	48.017
	=	0.69

Aurora Cannabis (NAS:ACB) COGS-to-Revenue Explanation

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

Aurora Cannabis'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	-	33.256 / 48.017
	=	30.74 %

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.

Aurora Cannabis COGS-to-Revenue Related Terms

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Aurora Cannabis (Aurora Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aurora Cannabis Inc (NAS:ACB) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

21P1:Germany ACB:Canada

Address

3498 63 Avenue, Leduc, AB, CAN, T9E 0G8

Website

https://www.auroramj.com

Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements.