Taiga Motors (TSX:TAIG) COGS-to-Revenue : 2.56 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Taiga Motors COGS-to-Revenue?

Taiga Motors's Cost of Goods Sold for the three months ended in Dec. 2023 was C$15.63 Mil. Its Revenue for the three months ended in Dec. 2023 was C$6.10 Mil.

Taiga Motors's COGS to Revenue for the three months ended in Dec. 2023 was 2.56.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Taiga Motors's Gross Margin % for the three months ended in Dec. 2023 was -156.23%.

Taiga Motors COGS-to-Revenue Historical Data

The historical data trend for Taiga Motors'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.

* Premium members only.

Taiga Motors COGS-to-Revenue Chart

Taiga Motors Annual Data

Trend

May17

May18

May19

May20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

9.08

2.67

Taiga Motors Quarterly Data
	May18	May19	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													12.52	3.34	2.33	2.88	2.56

Taiga Motors COGS-to-Revenue Calculation

Taiga Motors's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	43.038	/	16.127
	=	2.67

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	15.63	/	6.1
	=	2.56

Taiga Motors (TSX:TAIG) COGS-to-Revenue Explanation

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

Taiga Motors'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	-	15.63 / 6.1
	=	-156.23 %

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.

Taiga Motors COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Taiga Motors's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Taiga Motors (TSX:TAIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Taiga Motors Corp (TSX:TAIG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TAIMF:USA

Address

2695 Dollard Avenue, LaSalle, Montreal, QC, CAN, H8N 2J8

Website

https://www.taigamotors.com

Taiga Motors Corp is a Canadian company focused on the production and delivery of all-electric vehicles. its activities of research and development, design, and marketing. Its product lineup includes electric snowmobiles and personal watercraft. Its geographic regions are Canada and the United states of America, and the majority of its revenue comes from Canada.

Taiga Motors (TSX:TAIG) Headlines

No Headlines