VinFast Auto (VinFast Auto) COGS-to-Revenue : 1.50 (As of Mar. 2024)

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What is VinFast Auto COGS-to-Revenue?

VinFast Auto's Cost of Goods Sold for the three months ended in Mar. 2024 was $428 Mil. Its Revenue for the three months ended in Mar. 2024 was $285 Mil.

VinFast Auto's COGS to Revenue for the three months ended in Mar. 2024 was 1.50.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. VinFast Auto's Gross Margin % for the three months ended in Mar. 2024 was -49.82%.

VinFast Auto COGS-to-Revenue Historical Data

The historical data trend for VinFast Auto'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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VinFast Auto COGS-to-Revenue Chart

VinFast Auto Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

1.49

1.58

1.82

1.46

VinFast Auto Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial							2.73	1.34	1.30	1.40	1.50

VinFast Auto COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1647.406	/	1127.843
	=	1.46

VinFast Auto's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	427.534	/	285.357
	=	1.50

VinFast Auto (NAS:VFS) COGS-to-Revenue Explanation

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

VinFast Auto'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	-	427.534 / 285.357
	=	-49.82 %

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.

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VinFast Auto (VinFast Auto) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » VinFast Auto Ltd (NAS:VFS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

0TL:Germany 0TL:Germany

Address

Dinh Vu – Cat Hai Economic Zone, Cat Hai Islands, Cat Hai Town, Cat Hai District, Hai Phong, VNM

Website

https://www.vinfastauto.us

VinFast Auto Ltd manufacture cars, and motor vehicles, render leasing activities, trade smartphones, and related businesses. The company is engaged in designing and manufacturing premium EVs, e-scooters, and e-buses. The company's initial EV product line is an all-new range of fully-electric A- through E-segment SUVs. The Company has three reportable segments, namely Automobiles, E-scooter, Spare parts & Aftermarket services. The Automobiles segment includes the design, development, manufacturing, and sales of cars and electric buses. The E-scooter segment includes the design, development, manufacturing, and sales of e-scooters. The sales of spare parts and rendering of aftermarket services for automobiles and e-scooters are included in the Spare parts & Aftermarket services segment.