AgEagle Aerial Systems (STU:29Z) COGS-to-Revenue : 0.50 (As of Mar. 2024)

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What is AgEagle Aerial Systems COGS-to-Revenue?

AgEagle Aerial Systems's Cost of Goods Sold for the three months ended in Mar. 2024 was €1.78 Mil. Its Revenue for the three months ended in Mar. 2024 was €3.58 Mil.

AgEagle Aerial Systems's COGS to Revenue for the three months ended in Mar. 2024 was 0.50.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. AgEagle Aerial Systems's Gross Margin % for the three months ended in Mar. 2024 was 50.20%.

AgEagle Aerial Systems COGS-to-Revenue Historical Data

The historical data trend for AgEagle Aerial Systems'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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AgEagle Aerial Systems COGS-to-Revenue Chart

AgEagle Aerial Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.68

0.55

0.56

0.57

0.60

AgEagle Aerial Systems 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															0.51	0.69	0.65	0.58	0.50

AgEagle Aerial Systems COGS-to-Revenue Calculation

AgEagle Aerial Systems's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.59	/	12.6
	=	0.60

AgEagle Aerial Systems's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.784	/	3.582
	=	0.50

AgEagle Aerial Systems (STU:29Z) COGS-to-Revenue Explanation

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

AgEagle Aerial Systems'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	-	1.784 / 3.582
	=	50.20 %

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.

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AgEagle Aerial Systems (STU:29Z) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AgEagle Aerial Systems Inc (STU:29Z) » Definitions » COGS-to-Revenue

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UAVS:USA

Address

8863 East. 34th Street North, Wichita, KS, USA, 67226

Website

https://www.ageagle.com

AgEagle Aerial Systems Inc is a provider of drone imagery data analytics for the precision and sustainable agriculture markets. It designs, produces, distributes, and supports technologically- advanced small unmanned aerial systems (UAVs) that it offers for sale commercially to the precision agriculture industry. Its segments include Drones, Sensors and Software-as-a-Service (SaaS). The company's majority revenue is derived primarily through the sales of drones and drone-related products.

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