Virgin Galactic Holdings (FRA:0QL) COGS-to-Revenue : 11.38 (As of Mar. 2024)

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What is Virgin Galactic Holdings COGS-to-Revenue?

Virgin Galactic Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €20.78 Mil. Its Revenue for the three months ended in Mar. 2024 was €1.83 Mil.

Virgin Galactic Holdings's COGS to Revenue for the three months ended in Mar. 2024 was 11.38.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Virgin Galactic Holdings's Gross Margin % for the three months ended in Mar. 2024 was -1,038.23%.

Virgin Galactic Holdings COGS-to-Revenue Historical Data

The historical data trend for Virgin Galactic 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.

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Virgin Galactic Holdings COGS-to-Revenue Chart

Virgin Galactic Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.53

0.73

0.08

0.82

7.43

Virgin Galactic Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.81	0.13	14.84	8.66	11.38

Virgin Galactic Holdings COGS-to-Revenue Calculation

Virgin Galactic Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	46.344	/	6.236
	=	7.43

Virgin Galactic Holdings's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	20.784	/	1.826
	=	11.38

Virgin Galactic Holdings (FRA:0QL) COGS-to-Revenue Explanation

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

Virgin Galactic Holdings's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	20.784 / 1.826
	=	-1,038.23 %

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.

Virgin Galactic Holdings COGS-to-Revenue Related Terms

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Virgin Galactic Holdings (FRA:0QL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Virgin Galactic Holdings Inc (FRA:0QL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

SPCE:USA SPCE:Mexico 0QL:Germany

Address

1700 Flight Way, Tustin, CA, USA, 92782

Website

https://www.virgingalactic.com

Virgin Galactic Holdings Inc is a United States-based vertically integrated aerospace company pioneering human spaceflight for private individuals & researchers, and it also manufactures advanced air and space vehicles. Using its technologies, it is developing a spaceflight system designed to offer its customers a unique, multi-day, and transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico.

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