Maxeon Solar Technologies (Maxeon Solar Technologies) COGS-to-Revenue : 1.08 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Maxeon Solar Technologies COGS-to-Revenue?

Maxeon Solar Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was $202.3 Mil. Its Revenue for the three months ended in Mar. 2024 was $187.5 Mil.

Maxeon Solar Technologies's COGS to Revenue for the three months ended in Mar. 2024 was 1.08.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Maxeon Solar Technologies's Gross Margin % for the three months ended in Mar. 2024 was -7.93%.

Maxeon Solar Technologies COGS-to-Revenue Historical Data

The historical data trend for Maxeon Solar Technologies'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.

* Premium members only.

Maxeon Solar Technologies COGS-to-Revenue Chart

Maxeon Solar Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

1.00

1.01

1.04

1.05

0.93

Maxeon Solar Technologies 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															0.83	0.84	0.99	1.15	1.08

Maxeon Solar Technologies COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1044.995	/	1123.11
	=	0.93

Maxeon Solar Technologies's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	202.327	/	187.456
	=	1.08

Maxeon Solar Technologies (NAS:MAXN) COGS-to-Revenue Explanation

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

Maxeon Solar Technologies'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	-	202.327 / 187.456
	=	-7.93 %

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.

Maxeon Solar Technologies COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Maxeon Solar Technologies's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Maxeon Solar Technologies (Maxeon Solar Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Maxeon Solar Technologies Ltd (NAS:MAXN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

5QJ:Germany

Address

8 Marina Boulevard No. 05-02, Marina Bay Financial Centre, Singapore, SGP, 018981

Website

https://www.maxeon.com

Maxeon Solar Technologies Ltd is engaged in the manufacturing and marketing of premium solar technology. It owns and operates solar cell and panel manufacturing facilities located in Malaysia, Mexico, and the Philippines. The company's primary products are the Maxeon line of interdigitated back contact (IBC) solar cells and panels, and the Performance line (formerly, P-Series) of shingled solar cells and panels. the Maxeon line of solar panels are the highest-efficiency solar panels on the market with an aesthetically pleasing design, and the Performance line of solar panels offers a high-value and cost-effective solution. It is targeted at residential and small-scale commercial customers across the globe. The company derives its revenue from the United States, France, Italy, and Others.