Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) COGS-to-Revenue : 0.83 (As of Mar. 2024)

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What is Controladora Vuela Compania de AviacionB de CV COGS-to-Revenue?

Controladora Vuela Compania de AviacionB de CV's Cost of Goods Sold for the three months ended in Mar. 2024 was $637 Mil. Its Revenue for the three months ended in Mar. 2024 was $768 Mil.

Controladora Vuela Compania de AviacionB de CV's COGS to Revenue for the three months ended in Mar. 2024 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Controladora Vuela Compania de AviacionB de CV's Gross Margin % for the three months ended in Mar. 2024 was 17.06%.

Controladora Vuela Compania de AviacionB de CV COGS-to-Revenue Historical Data

The historical data trend for Controladora Vuela Compania de AviacionB de CV'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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Controladora Vuela Compania de AviacionB de CV COGS-to-Revenue Chart

Controladora Vuela Compania de AviacionB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.81

1.02

0.75

0.91

0.84

Controladora Vuela Compania de AviacionB de CV 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															0.96	0.85	0.86	0.73	0.83

Controladora Vuela Compania de AviacionB de CV COGS-to-Revenue Calculation

Controladora Vuela Compania de AviacionB de CV's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2753.768	/	3258.973
	=	0.84

Controladora Vuela Compania de AviacionB de CV's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	637	/	768
	=	0.83

Controladora Vuela Compania de AviacionB de CV (NYSE:VLRS) COGS-to-Revenue Explanation

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

Controladora Vuela Compania de AviacionB de CV'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	-	637 / 768
	=	17.06 %

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.

Controladora Vuela Compania de AviacionB de CV COGS-to-Revenue Related Terms

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Controladora Vuela Compania de AviacionB de CV (Controladora Vuela Compania de AviacionB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Controladora Vuela Compania de Aviacion SAB de CV (NYSE:VLRS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

VOLARA:Mexico 2CDA:Germany

Address

Av. Antonio Dovali Jaime Number 70, 13th Floor, Tower B, Colonia Zedec Santa Fe, Mexico, DF, MEX, 01210

Website

https://www.volaris.com

Controladora Vuela Compania de Aviacion SAB de CV is a low-cost airline flying to Mexico, the United States, Central and South America. It currently operates up to 500 average daily flight segments on routes that connect 44 cities in Mexico as well as 22 cities in the United States, four in Central America and two in South America. It uses promotional fares to stimulate demand and the base fares are priced to compete with long-distance bus fares in Mexico. Revenues from the air transportation of passengers are recognized earlier when the service is provided or when the non-refundable ticket expires at the date of the scheduled travel. Non-passenger revenues include revenues generated from other non-passenger revenues and cargo services.