Lifeloc Technologies (Lifeloc Technologies) COGS-to-Revenue : 0.57 (As of Dec. 2023)

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What is Lifeloc Technologies COGS-to-Revenue?

Lifeloc Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $1.25 Mil. Its Revenue for the three months ended in Dec. 2023 was $2.19 Mil.

Lifeloc Technologies's COGS to Revenue for the three months ended in Dec. 2023 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lifeloc Technologies's Gross Margin % for the three months ended in Dec. 2023 was 43.03%.

Lifeloc Technologies COGS-to-Revenue Historical Data

The historical data trend for Lifeloc 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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Lifeloc Technologies COGS-to-Revenue Chart

Lifeloc Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.55

0.66

0.57

0.64

0.57

Lifeloc Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.62	0.57	0.54	0.58	0.57

Lifeloc Technologies COGS-to-Revenue Calculation

Lifeloc 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
	=	5.29	/	9.33
	=	0.57

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.247	/	2.189
	=	0.57

Lifeloc Technologies (OTCPK:LCTC) COGS-to-Revenue Explanation

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

Lifeloc Technologies'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	-	1.247 / 2.189
	=	43.03 %

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.

Lifeloc Technologies COGS-to-Revenue Related Terms

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Lifeloc Technologies (Lifeloc Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lifeloc Technologies Inc (OTCPK:LCTC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

12441 West 49th Avenue, Wheat Ridge, CO, USA, 80033

Website

https://www.lifeloc.com

Lifeloc Technologies Inc is a Colorado-based developer, manufacturer, and marketer of portable hand-held and fixed station breathalyzers and related accessories, supplies and education. It offers fuel-cell based breath alcohol testing equipment. In addition, it also offers a line of supplies, accessories, services, and training to support customers' alcohol testing programs. The company operates through two segments: Product Sales and Rentals. The Product Sales segment is a key revenue driver, includes the sale of physical products, including portable hand-held breathalyzers and related accessories and the Rentals segment includes rental of a portion of the company's building.

Executives

Wayne Willkomm	director	12441 W 49TH AVENUE, UNIT #4, WHEAT RIDGE CO 80033
Donald E. Siecke	director	12441 W 49TH AVE., UNIT 4, WHEAT RIDGE CO 80033
Michael Kornelsen	director	700 N. WASHINGTON STREET, #1007, DENVER CO 80203
Gurumurthi Ravishankar	director, officer: Executive Vice President	12441 W. 49TH STREET, SUITE 4, WHEAT RIDGE CO 80033
Vern D Kornelsen	director, 10 percent owner, officer: Secretary and CFO	4605 S. DENICE DR, ENGLEWOOD CO 80111
Partners Lllp Edco	10 percent owner	4605 S DENICE DR, ENGLEWOOD CO 80111
Robert D Greenlee	director	2060 BROADWAY, BOULDER CO 80302
Kristie L. Larose	officer: Vice President, Finance	12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Barry R. Knott	director, officer: President, CEO and Treasurer	12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Mark A. Lary	officer: Vice President, Operations	12441 W. 49TH AVE., STE 4, WHEAT RIDGE CO 80033
Robert H. Summers	director	5816 S LUPINE DR, LITTLETON CO 80123
Alan C. Castrodale	director	12441 . 49TH AVE., STE 4, WHEAT RIDGE CO 80033

Lifeloc Technologies (Lifeloc Technologies) Headlines

From GuruFocus

Lifeloc Reports Second Quarter 2023 Results

By ACCESSWIRE • 08-04-2023