New Horizon Aircraft (New Horizon Aircraft) COGS-to-Revenue : 0.00 (As of May. 2023)

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What is New Horizon Aircraft COGS-to-Revenue?

New Horizon Aircraft's Cost of Goods Sold for the six months ended in May. 2023 was $0.32 Mil. Its Revenue for the six months ended in May. 2023 was $0.00 Mil.

New Horizon Aircraft's COGS to Revenue for the six months ended in May. 2023 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. New Horizon Aircraft's Gross Margin % for the six months ended in May. 2023 was %.

New Horizon Aircraft COGS-to-Revenue Historical Data

The historical data trend for New Horizon Aircraft'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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New Horizon Aircraft COGS-to-Revenue Chart

New Horizon Aircraft Annual Data

Trend

May22

May23

COGS-to-Revenue

New Horizon Aircraft Semi-Annual Data
	May22	May23
COGS-to-Revenue	-	-

New Horizon Aircraft COGS-to-Revenue Calculation

New Horizon Aircraft's COGS to Revenue for the fiscal year that ended in May. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.323	/	0
	=

New Horizon Aircraft's COGS to Revenue for the quarter that ended in May. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.323	/	0
	=

New Horizon Aircraft (NAS:HOVR) COGS-to-Revenue Explanation

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

New Horizon Aircraft's Gross Margin % for the six months ended in May. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.323 / 0
	=	%

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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New Horizon Aircraft (New Horizon Aircraft) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » New Horizon Aircraft Ltd (NAS:HOVR) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

3187 Highway 35, Lindsay, ON, CAN, K9V 4R1

Website

New Horizon Aircraft Ltd is an advanced aerospace Original Equipment Manufacturer that is designing and aiming to build a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its unique aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, Floods and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.

New Horizon Aircraft (New Horizon Aircraft) Headlines

From GuruFocus

Horizon Aircraft Provides Corporate Update

By Marketwired • 04-16-2024