Lyckegard Group AB (OSTO:LYGRD) COGS-to-Revenue : 0.67 (As of Mar. 2024)

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What is Lyckegard Group AB COGS-to-Revenue?

Lyckegard Group AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr27.7 Mil. Its Revenue for the three months ended in Mar. 2024 was kr41.6 Mil.

Lyckegard Group AB's COGS to Revenue for the three months ended in Mar. 2024 was 0.67.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lyckegard Group AB's Gross Margin % for the three months ended in Mar. 2024 was 33.35%.

Lyckegard Group AB COGS-to-Revenue Historical Data

The historical data trend for Lyckegard Group AB'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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Lyckegard Group AB COGS-to-Revenue Chart

Lyckegard Group AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.54

0.53

0.59

0.56

0.57

Lyckegard Group AB Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial											0.56	0.54	0.63	0.53	0.67

Lyckegard Group AB COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	93.845	/	165.19
	=	0.57

Lyckegard Group AB's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	27.722	/	41.591
	=	0.67

Lyckegard Group AB (OSTO:LYGRD) COGS-to-Revenue Explanation

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

Lyckegard Group AB'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	-	27.722 / 41.591
	=	33.35 %

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.

Lyckegard Group AB COGS-to-Revenue Related Terms

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Lyckegard Group AB (OSTO:LYGRD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lyckegard Group AB (OSTO:LYGRD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

F55:Germany

Address

Trollebergsvagen, Lund, SWE, 102-28

Website

https://www.lyckegard.com

Lyckegard Group AB is an innovative company that strives towards sustainable agriculture through the reduced use of pesticides and fertilizers. The company develops and sells agricultural mechanical tools for weed control, tillage and sowing. The tools work mechanically, without chemicals, and use innovative methods and new cultivation strategies for more environmentally friendly agriculture. The products can be used by both organic and conventional farmers who want to reduce the use of pesticides and use modern cultivation strategies for increased yields.

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