Vast Renewables (Vast Renewables) COGS-to-Revenue : 1.79 (As of Dec. 2023)

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What is Vast Renewables COGS-to-Revenue?

Vast Renewables's Cost of Goods Sold for the six months ended in Dec. 2023 was $0.59 Mil. Its Revenue for the six months ended in Dec. 2023 was $0.33 Mil.

Vast Renewables's COGS to Revenue for the six months ended in Dec. 2023 was 1.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vast Renewables's Gross Margin % for the six months ended in Dec. 2023 was -78.66%.

Vast Renewables COGS-to-Revenue Historical Data

The historical data trend for Vast Renewables'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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Vast Renewables COGS-to-Revenue Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

COGS-to-Revenue

3.95

1.48

Vast Renewables Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial			2.21	0.77	1.00	6.53	1.79

Vast Renewables COGS-to-Revenue Calculation

Vast Renewables's COGS to Revenue for the fiscal year that ended in Jun. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.241	/	0.163
	=	1.48

Vast Renewables's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.586	/	0.328
	=	1.79

Vast Renewables (NAS:VSTE) COGS-to-Revenue Explanation

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

Vast Renewables's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.586 / 0.328
	=	-78.66 %

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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Vast Renewables (Vast Renewables) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vast Renewables Ltd (NAS:VSTE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

226-230 Liverpool Street, Darlinghurst, NSW, AUS, 2010

Website

https://www.vast.energy

Vast Solar Pty Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels. The Company's differentiated modular CSP system, utilizing proprietary sodium loop heat transfer technology, provides customers with a solution to the enduring challenge of intermittent renewable energy through 24/7 dispatchable power and heat.

Vast Renewables (Vast Renewables) Headlines

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