Richtech Robotics (Richtech Robotics) COGS-to-Revenue : 0.42 (As of Mar. 2024)

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What is Richtech Robotics COGS-to-Revenue?

Richtech Robotics's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.49 Mil. Its Revenue for the three months ended in Mar. 2024 was $1.17 Mil.

Richtech Robotics's COGS to Revenue for the three months ended in Mar. 2024 was 0.42.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Richtech Robotics's Gross Margin % for the three months ended in Mar. 2024 was 58.37%.

Richtech Robotics COGS-to-Revenue Historical Data

The historical data trend for Richtech Robotics'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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Richtech Robotics COGS-to-Revenue Chart

Richtech Robotics Annual Data

Trend

Sep21

Sep22

Sep23

COGS-to-Revenue

0.53

0.35

0.31

Richtech Robotics Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial						0.42	0.47	0.23	0.45	0.42

Richtech Robotics COGS-to-Revenue Calculation

Richtech Robotics's COGS to Revenue for the fiscal year that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.744	/	8.759
	=	0.31

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.485	/	1.165
	=	0.42

Richtech Robotics (NAS:RR) COGS-to-Revenue Explanation

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

Richtech Robotics'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	-	0.485 / 1.165
	=	58.37 %

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.

Richtech Robotics COGS-to-Revenue Related Terms

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Richtech Robotics (Richtech Robotics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Richtech Robotics Inc (NAS:RR) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

4175 Cameron Street, Suite 1, Las Vegas, NV, USA, 89103

Website

https://www.richtechrobotics.com

Richtech Robotics Inc is a developer of new robotic technologies focused on transforming labor-intensive services in hospitality and other sectors currently experiencing unprecedented labor shortages. The company designed, manufacture and sell robots to restaurants, hotels, senior living centers, casinos, factories, movie theaters and other businesses. Its robots perform a variety of services including restaurant running and bussing, hotel room service delivery, floor scrubbing and vacuuming, and beverage and food preparation. The company designs its robots to be friendly, customizable to client environments, and extremely reliable.

Richtech Robotics (Richtech Robotics) Headlines

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Richtech Robotics Announces Joint Venture with Zipphaus to Launch Robot-Operated Cafes

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