Sonder Holdings (MEX:SOND) COGS-to-Revenue : 0.57 (As of Sep. 2024)

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What is Sonder Holdings COGS-to-Revenue?

Sonder Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN1,831 Mil. Its Revenue for the three months ended in Sep. 2024 was MXN3,192 Mil.

Sonder Holdings's COGS to Revenue for the three months ended in Sep. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sonder Holdings's Gross Margin % for the three months ended in Sep. 2024 was 42.64%.

Sonder Holdings COGS-to-Revenue Historical Data

The historical data trend for Sonder 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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Sonder Holdings COGS-to-Revenue Chart

Sonder Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.87

1.18

0.86

0.70

0.65

Sonder Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial													0.64	0.63	0.75	0.58	0.57

Sonder Holdings COGS-to-Revenue Calculation

Sonder 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
	=	6669.148	/	10219.618
	=	0.65

Sonder Holdings's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1831.02	/	3192.073
	=	0.57

Sonder Holdings (MEX:SOND) COGS-to-Revenue Explanation

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

Sonder Holdings's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1831.02 / 3192.073
	=	42.64 %

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.

Sonder Holdings COGS-to-Revenue Related Terms

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Sonder Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Sonder Holdings Inc (MEX:SOND) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

SOND:USA

Address

447 Sutter Street, No. 542, Suite 405, San Francisco, CA, USA, 94108

Website

https://www.sonder.com

Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests. The Company also provides accommodations to travelers through boutique hotels.