CubicFarm Systems (CubicFarm Systems) COGS-to-Revenue : 2.18 (As of Sep. 2023)

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What is CubicFarm Systems COGS-to-Revenue?

CubicFarm Systems's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.10 Mil. Its Revenue for the three months ended in Sep. 2023 was $0.04 Mil.

CubicFarm Systems's COGS to Revenue for the three months ended in Sep. 2023 was 2.18.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CubicFarm Systems's Gross Margin % for the three months ended in Sep. 2023 was -118.18%.

CubicFarm Systems COGS-to-Revenue Historical Data

The historical data trend for CubicFarm 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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CubicFarm Systems COGS-to-Revenue Chart

CubicFarm Systems Annual Data

Trend

Jun18

Jun19

Jun20

Dec21

Dec22

COGS-to-Revenue

0.76

0.68

1.00

2.78

CubicFarm Systems Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.97	38.90	0.85	1.04	2.18

CubicFarm Systems COGS-to-Revenue Calculation

CubicFarm Systems's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.433	/	2.676
	=	2.78

CubicFarm Systems's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.096	/	0.044
	=	2.18

CubicFarm Systems (OTCPK:CUBXF) COGS-to-Revenue Explanation

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

CubicFarm Systems's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.096 / 0.044
	=	-118.18 %

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.

CubicFarm Systems COGS-to-Revenue Related Terms

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CubicFarm Systems (CubicFarm Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CubicFarm Systems Corp (OTCPK:CUBXF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CUB:Canada

Address

7170 Glover Road, Langley, BC, CAN, V2Y 2R1

Website

https://www.cubicfarms.com

CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solution automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and to provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition and allows for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.