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LQR House's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.56 Mil. Its Revenue for the three months ended in Mar. 2024 was $0.48 Mil.
LQR House's COGS to Revenue for the three months ended in Mar. 2024 was 1.16.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. LQR House's Gross Margin % for the three months ended in Mar. 2024 was -16.42%.
The historical data trend for LQR House'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.
LQR House Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
COGS-to-Revenue | 2.15 | 1.34 | 0.82 |
LQR House Quarterly Data | |||||||||||
Jun21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
COGS-to-Revenue | Get a 7-Day Free Trial | 0.68 | 0.71 | 0.95 | 0.84 | 1.16 |
LQR House's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 0.916 | / | 1.121 | |
= | 0.82 |
LQR House's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as
COGS to Revenue | = | Cost of Goods Sold | / | Revenue |
= | 0.56 | / | 0.481 | |
= | 1.16 |
* 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.
LQR House (NAS:LQR) COGS-to-Revenue Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
LQR House'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 | - | 0.56 / 0.481 | |
= | -16.42 % |
* 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.
Thank you for viewing the detailed overview of LQR House's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Sean Dollinger | director, 10 percent owner, officer: Chief Executive Officer | 6800 INDIAN CREEK DRIVE, SUITE 1E, MIAMI BEACH FL 33141 |
Gary L Herman | director | 720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019 |
James C. Huber | director | 127 FLORENCE DRIVE, JUPITER FL 33458 |
Kbros, Llc | 10 percent owner | 23658 SAN VICENTE ROAD, RAMONA CA 92065 |
Guy Dollinger | director | 283 RUE PICASSO, DOLLARD-DES-ORMEAUX A8 H9A 3K2 |
Jaclyn Hoffman | officer: Chief Marketing Officer | 166 2ND AVENUE, APT 2A, NEW YORK NY 10003 |
Kumar Abhishek | officer: Chief Financial Officer | 25/3A, RAIL VIHAR, SECTOR 56, GURGAON K7 122002 |
Darren Collins | director | 22 RIVERVIEW ROAD, ALLISTON A6 L9M 1R2 |
Alexandra Hoffman | director | 6800 INDIAN CREEK DRIVE, APT 101, MIAMI BEACH FL 33141 |
James P. O'brien | director | 3000-360 MAIN STREET, WINNIPEG A2 R3C 4G1 |
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