Wizz Air Holdings (CHIX:WIZZL) COGS-to-Revenue : 1.13 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Wizz Air Holdings COGS-to-Revenue?

Wizz Air Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was £1,037 Mil. Its Revenue for the three months ended in Dec. 2023 was £917 Mil.

Wizz Air Holdings's COGS to Revenue for the three months ended in Dec. 2023 was 1.13.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wizz Air Holdings's Gross Margin % for the three months ended in Dec. 2023 was -13.04%.

Wizz Air Holdings COGS-to-Revenue Historical Data

The historical data trend for Wizz Air Holdings'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.

Wizz Air Holdings COGS-to-Revenue Chart

Wizz Air Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

Get a 7-Day Free Trial

0.80

0.83

1.66

1.22

1.07

Wizz Air Holdings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															1.25	0.80	1.14	1.28	1.13

Wizz Air Holdings COGS-to-Revenue Calculation

Wizz Air Holdings's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3668.565	/	3436.892
	=	1.07

Wizz Air Holdings's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1036.993	/	917.33
	=	1.13

Wizz Air Holdings (CHIX:WIZZl) COGS-to-Revenue Explanation

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

Wizz Air Holdings'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	-	1036.993 / 917.33
	=	-13.04 %

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.

Wizz Air Holdings COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Wizz Air Holdings's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Wizz Air Holdings (CHIX:WIZZL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wizz Air Holdings PLC (CHIX:WIZZl) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

WZZZY:USA WZZAF:USA WIZZAIR:Hungary WIZZ:UK WI2:Germany

Address

44 The Esplanade, Saint Helier, JEY, JE4 9WG

Website

https://www.wizzair.com

Wizz Air Holdings PLC is one of the fastest-growing airlines in Europe focusing on the Central and Eastern European region. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul routes. Geographically, it derives a majority of its revenue from EU regions.

Wizz Air Holdings (CHIX:WIZZL) Headlines

No Headlines