Romeo Power's Cost of Goods Sold for the
three
months ended in Jun. 2022 was $19.70 Mil. Its Revenue for the
three
months ended in Jun. 2022 was $5.73 Mil.
Romeo Power's COGS to Revenue for the
three
months ended in Jun. 2022 was 3.44.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Romeo Power's Gross Margin % for the
three
months ended in Jun. 2022 was -243.83%.
Romeo Power COGS-to-Revenue Historical Data
The historical data trend for Romeo Power'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.
* 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.
Romeo Power (NYSE:RMO) COGS-to-Revenue Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Romeo Power's Gross Margin % for the
three
months ended in Jun. 2022 is calculated as:
* 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.
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.
Romeo Power COGS-to-Revenue Related Terms
Thank you for viewing the detailed overview of Romeo Power's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Romeo Power Inc is an energy technology company focused on designing and manufacturing lithium-ion battery modules and packs for commercial electric vehicles. Through its energy-dense battery modules and packs, Romeo Power enables large-scale sustainable transportation by delivering safer, longer-lasting batteries with a longer range and shorter charge times. With greater energy density, the company can create lightweight and efficient solutions that deliver superior performance, and provide improved acceleration, range, safety, and durability. Its modules and packs are customizable and scalable and they are optimized by its proprietary battery management system.
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