Chorus Aviation (FRA:1H0) COGS-to-Revenue : 0.76 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Chorus Aviation COGS-to-Revenue?

Chorus Aviation's Cost of Goods Sold for the three months ended in Mar. 2024 was €220 Mil. Its Revenue for the three months ended in Mar. 2024 was €290 Mil.

Chorus Aviation's COGS to Revenue for the three months ended in Mar. 2024 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Chorus Aviation's Gross Margin % for the three months ended in Mar. 2024 was 24.08%.

Chorus Aviation COGS-to-Revenue Historical Data

The historical data trend for Chorus Aviation'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.

Chorus Aviation COGS-to-Revenue Chart

Chorus Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.74

0.76

0.80

0.73

0.74

Chorus Aviation 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															0.71	0.74	0.73	0.77	0.76

Chorus Aviation COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	847.195	/	1149.035
	=	0.74

Chorus Aviation's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	219.919	/	289.664
	=	0.76

Chorus Aviation (FRA:1H0) COGS-to-Revenue Explanation

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

Chorus Aviation'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	-	219.919 / 289.664
	=	24.08 %

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.

Chorus Aviation COGS-to-Revenue Related Terms

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

Chorus Aviation (FRA:1H0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Chorus Aviation Inc (FRA:1H0) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CHRRF:USA CHR:Canada

Address

3 Spectacle Lake Drive, Suite 380, Dartmouth, NS, CAN, B3B 1W8

Website

https://www.chorusaviation.com

Chorus Aviation Inc is a Canadian holding company. It aims to deliver regional aviation to the world through its businesses. It specializes in contract flying, maintenance, repair and overhaul, and aircraft leasing solutions. The company operates in two segments namely, the Regional Aviation Services segment includes contract flying, charter operations and maintenance, repair, and overhaul services that are carried on by both Jazz and Voyageur, and the Regional Aircraft Leasing segment leases aircraft to third parties through its wholly-owned subsidiary Chorus Aviation Capital Corp. It generates maximum revenue from the Regional Aviation Services segment.

Chorus Aviation (FRA:1H0) Headlines

No Headlines