Edible Garden AG (Edible Garden AG) COGS-to-Revenue : 0.99 (As of Mar. 2024)

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What is Edible Garden AG COGS-to-Revenue?

Edible Garden AG's Cost of Goods Sold for the three months ended in Mar. 2024 was $3.11 Mil. Its Revenue for the three months ended in Mar. 2024 was $3.13 Mil.

Edible Garden AG's COGS to Revenue for the three months ended in Mar. 2024 was 0.99.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Edible Garden AG's Gross Margin % for the three months ended in Mar. 2024 was 0.73%.

Edible Garden AG COGS-to-Revenue Historical Data

The historical data trend for Edible Garden AG'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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Edible Garden AG COGS-to-Revenue Chart

Edible Garden AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.94

0.97

0.94

Edible Garden AG Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial										1.01	0.87	1.00	0.93	0.99

Edible Garden AG COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	13.227	/	14.049
	=	0.94

Edible Garden AG's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.109	/	3.132
	=	0.99

Edible Garden AG (NAS:EDBL) COGS-to-Revenue Explanation

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

Edible Garden AG'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	-	3.109 / 3.132
	=	0.73 %

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.

Edible Garden AG COGS-to-Revenue Related Terms

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Edible Garden AG (Edible Garden AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Edible Garden AG Inc (NAS:EDBL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

283 County Road 519, Belvidere, NJ, USA, 07823

Website

https://www.ediblegarden.com

Edible Garden AG Inc is a next generation controlled environment agriculture farming company. It uses traditional agricultural growing techniques together with technology to grow fresh, organic food, sustainably and safely while improving traceability. The company uses the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces.

Executives

Pamela Donaroma	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
James E. Kras	director, 10 percent owner, officer: President and CEO	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Deborah Pawlowski	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Michael C James	director, 10 percent owner, officer: Chief Financial Officer	2040 MAIN STREET, SUITE 225, IRVINE CA 92614
Tracy A. Nazzaro	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Ryan L. Rogers	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Mathew J. Mcconnell	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823