Visioneering Technologies (ASX:VTI) COGS-to-Revenue : 0.43 (As of Dec. 2023)

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What is Visioneering Technologies COGS-to-Revenue?

Visioneering Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was A$2.57 Mil. Its Revenue for the six months ended in Dec. 2023 was A$5.98 Mil.

Visioneering Technologies's COGS to Revenue for the six months ended in Dec. 2023 was 0.43.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Visioneering Technologies's Gross Margin % for the six months ended in Dec. 2023 was 56.99%.

Visioneering Technologies COGS-to-Revenue Historical Data

The historical data trend for Visioneering Technologies'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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Visioneering Technologies COGS-to-Revenue Chart

Visioneering Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.66

0.56

0.59

0.54

0.45

Visioneering Technologies Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial									0.59	0.56	0.53	0.47	0.43

Visioneering Technologies COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5.842	/	12.953
	=	0.45

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.57	/	5.975
	=	0.43

Visioneering Technologies (ASX:VTI) COGS-to-Revenue Explanation

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

Visioneering Technologies's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2.57 / 5.975
	=	56.99 %

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.

Visioneering Technologies COGS-to-Revenue Related Terms

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Visioneering Technologies (ASX:VTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Visioneering Technologies Inc (ASX:VTI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

10745 Westside Way, Suite 200, Alpharetta, GA, USA, 30009

Website

http://www.vtivision.com

Visioneering Technologies Inc is a medical device company. It designs, manufactures, sales and distributes its NaturalVue daily disposable multifocal contact lenses for adults with Presbyopia and children with Myopia. The company offers NaturalVue MF contact lenses. Its Multifocal contact lens provides Presbyopia patients with near, intermediate, and distance vision and which is much easier for eye care professionals to fit their patients.