Expion360 (Expion360) COGS-to-Revenue : 0.76 (As of Dec. 2023)

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What is Expion360 COGS-to-Revenue?

Expion360's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.65 Mil. Its Revenue for the three months ended in Dec. 2023 was $0.86 Mil.

Expion360's COGS to Revenue for the three months ended in Dec. 2023 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Expion360's Gross Margin % for the three months ended in Dec. 2023 was 23.86%.

Expion360 COGS-to-Revenue Historical Data

The historical data trend for Expion360'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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Expion360 COGS-to-Revenue Chart

Expion360 Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.65

0.81

0.64

0.68

0.74

Expion360 Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial										0.78	0.71	0.74	0.75	0.76

Expion360 COGS-to-Revenue Calculation

Expion360's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.405	/	5.981
	=	0.74

Expion360's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.654	/	0.859
	=	0.76

Expion360 (NAS:XPON) COGS-to-Revenue Explanation

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

Expion360's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.654 / 0.859
	=	23.86 %

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.

Expion360 COGS-to-Revenue Related Terms

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Expion360 (Expion360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Expion360 Inc (NAS:XPON) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

2025 SW Deerhound Avenue, Redmond, OR, USA, 97756

Website

https://www.expion360.com

Expion360 Inc is focused on the design, assembly, manufacturing and sales of lithium iron phosphate (LiFePO4) batteries and supporting accessories for recreational vehicles ("RV's") and marine applications with plans to expand into home energy storage products and industrial applications. Its product offerings include some of the minimal-footprint batteries in the RV & Marine industry.

Executives

John Henry Yozamp	director, 10 percent owner, officer: Chief Executive Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
Tien Quoc Nguyen	director	2025 SW DEERHOUND AVE., REDMOND OR 97756
Gregory Scott Aydelott	officer: Chief Accounting Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
Paul Thomas Shoun	director, officer: Chief Operating Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
Brian Paul Schaffner	officer: Chief Financial Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
David Leigh Hendrickson	director	2025 SW DEERHOUND AVE, REDMOND OR 97756
Steve Shum	director	9025 SW HILLMAN COURT, SUITE 3126, WILSONVILLE OR 97070
George Lefevre	director	18101 VON KARMAN AVENUE, SUITE 330, IRVINE CA 96212