Uber Technologies (Uber Technologies) COGS-to-Revenue : 0.61 (As of Dec. 2023)

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What is Uber Technologies COGS-to-Revenue?

Uber Technologies's Cost of Goods Sold for the three months ended in Dec. 2023 was $6,057 Mil. Its Revenue for the three months ended in Dec. 2023 was $9,936 Mil.

Uber Technologies's COGS to Revenue for the three months ended in Dec. 2023 was 0.61.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Uber Technologies's Gross Margin % for the three months ended in Dec. 2023 was 39.04%.

Uber Technologies COGS-to-Revenue Historical Data

The historical data trend for Uber 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.

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Uber Technologies COGS-to-Revenue Chart

Uber Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.47

0.46

0.54

0.62

0.60

Uber Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.62	0.60	0.60	0.61	0.61

Uber Technologies COGS-to-Revenue Calculation

Uber 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
	=	22457	/	37281
	=	0.60

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6057	/	9936
	=	0.61

Uber Technologies (NYSE:UBER) COGS-to-Revenue Explanation

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

Uber Technologies'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	-	6057 / 9936
	=	39.04 %

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.

Uber Technologies COGS-to-Revenue Related Terms

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Uber Technologies (Uber Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Uber Technologies Inc (NYSE:UBER) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

UBER:Mexico 1UBER:Italy UT8d:UK 0A1U:UK UT80:Germany UT8:Germany UT8:Germany UT8:Germany UBER:Canada U1BE34:Brazil UBER:Austria

Address

1515 3rd Street, San Francisco, CA, USA, 94158

Website

https://www.uber.com

Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food delivery service providers, and shippers with carriers. The firm's on-demand technology platform could eventually be used for additional products and services, such as autonomous vehicles, delivery via drones, and Uber Elevate, which, as the firm refers to it, provides "aerial ride-sharing." Uber Technologies is headquartered in San Francisco and operates in over 63 countries with over 131 million users that order rides or food at least once a month. Approximately 44% of its gross revenue comes from ridesharing and 34% from food delivery.

Executives

Jill Hazelbaker	officer: See Remarks	1455 MARKET STREET 4TH FLOOR, SAN FRANCISCO CA 94103
Dara Khosrowshahi	director, officer: Chief Executive Officer	C/O INTERACTIVE CORP, 152 WEST 57TH ST, NEW YORK NY 10019
Tony West	officer: See Remarks	1455 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94103
Nelson Chai	officer: Chief Financial Officer	C/O CIT GROUP, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Yasir Al-rumayyan	director	3884 PRINCE TURKI IBN ABDUL AZIZ, AL-AWAL ROAD, RIYADH T0 11452
Alexander R Wynaendts	director	388 GREENWICH STREET, NEW YORK NY 10013
Sb Cayman 2 Ltd.	10 percent owner	C/O WALKERS CORPORATE LIMITED, CAYMAN CORPORATE CTR, 27 HOSPITAL ROAD, GEORGE TOWN E9 KY1-9008
Revathi Advaithi	director	EATON HOUSE, 30 PEMBROKE ROAD, DUBLIN 4 L2 -
Robert Eckert	director	MATTEL, INC., 333 CONTINENTAL BLVD, M1-1518, EL SEGUNDO CA 90245
Garrett Camp	director, 10 percent owner	1455 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94103
Amanda Ginsberg	director	MATCH GROUP, INC., 8750 N. CENTRAL EXPRESSWAY, SUITE 1400, DALLAS TX 75231
Thuan Pham	officer: Chief Technology Officer	1455 MARKET STREET 4TH FLOOR, SAN FRANCISCO CA 94103
Kalanick Travis Cordell	director, 10 percent owner	P.O. BOX 10195, PALO ALTO CA 94303
Manik Gupta	officer: Chief Product Officer	1999 SCOTT LN, LOS ALTOS CA 94024
Glen Ceremony	officer: See Remarks	800 WEST EL CAMINO REAL, MOUNTAIN VIEW CA 94040