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Volcon (Volcon) COGS-to-Revenue : 1.57 (As of Mar. 2024)


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What is Volcon COGS-to-Revenue?

Volcon's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.62 Mil. Its Revenue for the three months ended in Mar. 2024 was $1.03 Mil.

Volcon's COGS to Revenue for the three months ended in Mar. 2024 was 1.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Volcon's Gross Margin % for the three months ended in Mar. 2024 was -56.87%.

Volcon COGS-to-Revenue Historical Data

The historical data trend for Volcon'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.

Volcon COGS-to-Revenue Chart

Volcon Annual Data
Trend Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
- 23.40 2.95 3.49

Volcon Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 0.64 7.27 5.80 1.57

Volcon COGS-to-Revenue Calculation

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

COGS to Revenue=Cost of Goods Sold / Revenue
=11.391 / 3.261
=3.49

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

COGS to Revenue=Cost of Goods Sold / Revenue
=1.622 / 1.034
=1.57

* 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.

Volcon  (NAS:VLCN) COGS-to-Revenue Explanation

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

Volcon'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 - 1.622 / 1.034
=-56.87 %

* 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.

Volcon COGS-to-Revenue Related Terms

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Volcon (Volcon) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volcon Inc (NAS:VLCN) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
N/A
Address
3121 Eagles Nest Street, Suite 120, Round Rock, TX, USA, 78665
Website
https://www.volcon.com
Volcon Inc is an all-electric, off-road powersports vehicle company developing and building electric two and four-wheel motorcycles and utility terrain vehicles, also known as side-by-sides, along with a complete line of upgrades and accessories. The company's products include motorcycle and UTV products that are all-electric and designed for off-road use.
Executives
Melissa Coffey officer: VP - Sales & Marketing 1702 PERSIMMON ROAD, CEDAR PARK TX 78613
Stephanie Michelle Davis officer: Chief Operating Officer 504 OCONEE CIRCLE, EVANS GA 30809
Christian Okonsky director, 10 percent owner, officer: Chief Technology Officer C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Adrian James director, 10 percent owner 3736 BEE CAVES RD, SUITE 1-105, AUSTIN TX 78746
Jonathan P. Foster director 2450 SOUTH SHORE BLVD., SUITE 402, LEAGUE CITY TX 77573
Greg Endo officer: Chief Financial Officer C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Karin-joyce Tjon director C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Jordan Don Davis officer: Chief Executive Officer C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Kyoung John Kim director C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665