QleanAir AB (OSTO:QAIR) COGS-to-Revenue : 0.31 (As of Mar. 2024)

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What is QleanAir AB COGS-to-Revenue?

QleanAir AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr37.0 Mil. Its Revenue for the three months ended in Mar. 2024 was kr119.1 Mil.

QleanAir AB's COGS to Revenue for the three months ended in Mar. 2024 was 0.31.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. QleanAir AB's Gross Margin % for the three months ended in Mar. 2024 was 68.94%.

QleanAir AB COGS-to-Revenue Historical Data

The historical data trend for QleanAir AB'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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QleanAir AB COGS-to-Revenue Chart

QleanAir AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.35

0.32

0.29

0.32

QleanAir AB 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															0.29	0.32	0.33	0.33	0.31

QleanAir AB COGS-to-Revenue Calculation

QleanAir AB's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	159.48	/	503.518
	=	0.32

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	37.006	/	119.127
	=	0.31

QleanAir AB (OSTO:QAIR) COGS-to-Revenue Explanation

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

QleanAir AB'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	-	37.006 / 119.127
	=	68.94 %

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.

QleanAir AB COGS-to-Revenue Related Terms

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QleanAir AB (OSTO:QAIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » QleanAir AB (OSTO:QAIR) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

9ZJ:Germany

Address

Torggatan 13, Box 1178, Solna, Stockholm, SWE, SE-171 23

Website

https://www.qleanair.com

QleanAir AB is a provider of air cleaning solutions for indoor environments. Its solutions are used to protect people, processes, and products from harmful particles and gases, which are captured and filtered through its products. It conducts its business in EMEA, APAC, and America. It generates revenues from the sale of its products such as Cabin Solutions, Air Cleaners, and Cleanrooms.

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