Varex Imaging (FRA:VI4) COGS-to-Revenue : 0.68 (As of Mar. 2024)

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What is Varex Imaging COGS-to-Revenue?

Varex Imaging's Cost of Goods Sold for the three months ended in Mar. 2024 was €129.2 Mil. Its Revenue for the three months ended in Mar. 2024 was €189.7 Mil.

Varex Imaging's COGS to Revenue for the three months ended in Mar. 2024 was 0.68.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Varex Imaging's Gross Margin % for the three months ended in Mar. 2024 was 31.91%.

Varex Imaging COGS-to-Revenue Historical Data

The historical data trend for Varex Imaging'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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Varex Imaging COGS-to-Revenue Chart

Varex Imaging Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

COGS-to-Revenue

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0.67

0.74

0.67

0.68

Varex Imaging 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															0.68	0.67	0.66	0.70	0.68

Varex Imaging COGS-to-Revenue Calculation

Varex Imaging's COGS to Revenue for the fiscal year that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	565.105	/	837.116
	=	0.68

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	129.168	/	189.704
	=	0.68

Varex Imaging (FRA:VI4) COGS-to-Revenue Explanation

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

Varex Imaging'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	-	129.168 / 189.704
	=	31.91 %

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.

Varex Imaging COGS-to-Revenue Related Terms

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Varex Imaging (FRA:VI4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Varex Imaging Corp (FRA:VI4) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

VREX:USA VI4:Germany

Address

1678 South Pioneer Road, Salt Lake City, UT, USA, 84104

Website

https://www.vareximaging.com

Varex Imaging Corp designs and manufactures X-ray imaging components. It operates in two segments Medical and Industrial. The Medical segment, which is the key revenue driver, designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital flat panel image detectors, high voltage connectors, ionization chambers, and buckys among others. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors and high voltage connectors among others. It has manufacturing, research, and development operation in the United States, Europe, Philippines and China, and sales and service operations throughout the world.

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