Orbit Technologies (XTAE:ORBI) COGS-to-Revenue : 0.63 (As of Jun. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Orbit Technologies COGS-to-Revenue?

Orbit Technologies's Cost of Goods Sold for the three months ended in Jun. 2023 was ₪36.3 Mil. Its Revenue for the three months ended in Jun. 2023 was ₪57.7 Mil.

Orbit Technologies's COGS to Revenue for the three months ended in Jun. 2023 was 0.63.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Orbit Technologies's Gross Margin % for the three months ended in Jun. 2023 was 37.07%.

Orbit Technologies COGS-to-Revenue Historical Data

The historical data trend for Orbit 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.

Orbit Technologies COGS-to-Revenue Chart

Orbit Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

Get a 7-Day Free Trial

0.70

0.69

0.66

0.63

Orbit Technologies Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial						0.62	0.66	-	0.66	0.63

Orbit Technologies COGS-to-Revenue Calculation

Orbit Technologies's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	138.277	/	219.469
	=	0.63

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	36.29	/	57.666
	=	0.63

Orbit Technologies (XTAE:ORBI) COGS-to-Revenue Explanation

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

Orbit Technologies's Gross Margin % for the three months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	36.29 / 57.666
	=	37.07 %

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.

Orbit Technologies COGS-to-Revenue Related Terms

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

Orbit Technologies (XTAE:ORBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Orbit Technologies Ltd (XTAE:ORBI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

8D Hatzoran Street, PO Box 8657, Netanya, ISR, 4250608

Website

http://www.orbit-cs.com

Orbit Technologies Ltd is an Israel based company engages in the provision of Satellite Communications Systems, Tracking and Telemetry Systems and Communication Management Systems for Airborne, Marine, and Ground vessels, in both Commercial and Military applications. Its activities are divided into below the main business lines. The Mobile Satcom business line offers marine, air, train, and land mobile satcom systems that are used for television reception and for data applications such as Internet and video. Its Tracking business line provides full solutions for tracking low orbiting satellites, aircraft, UAVs, and missiles.

Orbit Technologies (XTAE:ORBI) Headlines

No Headlines