E Automotive (TSX:EINC) COGS-to-Revenue : 0.57 (As of Mar. 2023)

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What is E Automotive COGS-to-Revenue?

E Automotive's Cost of Goods Sold for the three months ended in Mar. 2023 was C$24.0 Mil. Its Revenue for the three months ended in Mar. 2023 was C$42.1 Mil.

E Automotive's COGS to Revenue for the three months ended in Mar. 2023 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. E Automotive's Gross Margin % for the three months ended in Mar. 2023 was 43.04%.

E Automotive COGS-to-Revenue Historical Data

The historical data trend for E Automotive'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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E Automotive COGS-to-Revenue Chart

E Automotive Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

0.54

0.60

0.54

0.53

0.63

E Automotive Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
COGS-to-Revenue	Get a 7-Day Free Trial									0.58	0.62	0.65	0.66	0.57

E Automotive COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	93.946	/	149.517
	=	0.63

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	23.997	/	42.126
	=	0.57

E Automotive (TSX:EINC) COGS-to-Revenue Explanation

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

E Automotive'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	-	23.997 / 42.126
	=	43.04 %

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.

E Automotive COGS-to-Revenue Related Terms

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E Automotive (TSX:EINC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » E Automotive Inc (TSX:EINC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

EICCF:USA

Address

10 Lower Spadina Avenue, Suite 400 and Suite 500, Toronto, ON, CAN, M5V 2Z2

Website

https://www.e.inc

E Automotive Inc is engaged in providing digital automotive dealer solutions. Its digital car auction platform focuses on providing a marketplace that enables automotive dealers to transact with each other more effectively. It operates in a single segment, which is marketplace services, inventory retailing software, and digital advertisement. Revenue is generated in the form of Auction fees, Ancillary services, Subscription fees, and Advertising. The company's geographical segments are Canada and the United States, of which the majority of its revenue comes from Canada.