Drone Destination (NSE:DRONE) COGS-to-Revenue : 0.17 (As of Mar. 2023)

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What is Drone Destination COGS-to-Revenue?

Drone Destination's Cost of Goods Sold for the six months ended in Mar. 2023 was ₹20.4 Mil. Its Revenue for the six months ended in Mar. 2023 was ₹120.7 Mil.

Drone Destination's COGS to Revenue for the six months ended in Mar. 2023 was 0.17.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Drone Destination's Gross Margin % for the six months ended in Mar. 2023 was 83.07%.

Drone Destination COGS-to-Revenue Historical Data

The historical data trend for Drone Destination'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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Drone Destination COGS-to-Revenue Chart

Drone Destination Annual Data

Trend

Mar21

Mar22

Mar23

COGS-to-Revenue

0.22

0.17

Drone Destination Semi-Annual Data
	Mar21	Mar22	Mar23
COGS-to-Revenue	0.22	0.17	0.17

Drone Destination COGS-to-Revenue Calculation

Drone Destination's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	20.443	/	120.722
	=	0.17

Drone Destination's COGS to Revenue for the quarter that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	20.443	/	120.722
	=	0.17

Drone Destination (NSE:DRONE) COGS-to-Revenue Explanation

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

Drone Destination's Gross Margin % for the six months ended in Mar. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	20.443 / 120.722
	=	83.07 %

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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Drone Destination (NSE:DRONE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Drone Destination Ltd (NSE:DRONE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-13, Ground Floor, Panchsheel Enclave, Delhi, IND, 110017

Website

https://www.thedronedestination.com

Drone Destination Ltd is a DGCA-authorized Remote Pilot Training Organization that has developed an integrated drone eco-system built around drone manufacturing, certified training, services, and renting a drone. The company operates the largest network of DGCA-certified Drone Pilot Training Programs. Drone Destination currently operates nine Drone Hubs at Gurugram, Dharamshala, Chandigarh, Gwalior, Ahmedabad, Bangalore, Coimbatore, Madurai and IFFCO Phulpur.

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