LeMaitre Vascular (STU:LHU) COGS-to-Revenue : 0.31 (As of Mar. 2024)

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What is LeMaitre Vascular COGS-to-Revenue?

LeMaitre Vascular's Cost of Goods Sold for the three months ended in Mar. 2024 was €15.5 Mil. Its Revenue for the three months ended in Mar. 2024 was €49.2 Mil.

LeMaitre Vascular'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. LeMaitre Vascular's Gross Margin % for the three months ended in Mar. 2024 was 68.56%.

LeMaitre Vascular COGS-to-Revenue Historical Data

The historical data trend for LeMaitre Vascular'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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LeMaitre Vascular COGS-to-Revenue Chart

LeMaitre Vascular Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.32

0.35

0.34

0.35

0.34

LeMaitre Vascular 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															0.34	0.36	0.35	0.32	0.31

LeMaitre Vascular COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	60.921	/	177.425
	=	0.34

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	15.468	/	49.2
	=	0.31

LeMaitre Vascular (STU:LHU) COGS-to-Revenue Explanation

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

LeMaitre Vascular'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	-	15.468 / 49.2
	=	68.56 %

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.

LeMaitre Vascular COGS-to-Revenue Related Terms

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LeMaitre Vascular (STU:LHU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » LeMaitre Vascular Inc (STU:LHU) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

LMAT:USA LHU:Germany

Address

63 Second Avenue, Burlington, MA, USA, 01803

Website

https://www.lemaitre.com

LeMaitre Vascular Inc manufactures and distributes medical devices for the treatment of peripheral vascular disease. Its products are primarily used during open vascular surgery and address several anatomical areas, such as the carotid, lower extremities, upper extremities, and aorta. The firm's lower extremities product line contributes the largest proportion of revenue, followed by the carotid product line. LeMaitre's surgical devices include angioscopes, balloon catheters, carotid shunts, phlebectomy devices, vascular grafts, vascular patches, and vessel closure systems. LeMaitre generates the majority of its revenue in the United States.

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