WidePoint (WidePoint) COGS-to-Revenue : 0.86 (As of Dec. 2023)

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What is WidePoint COGS-to-Revenue?

WidePoint's Cost of Goods Sold for the three months ended in Dec. 2023 was $24.2 Mil. Its Revenue for the three months ended in Dec. 2023 was $28.3 Mil.

WidePoint's COGS to Revenue for the three months ended in Dec. 2023 was 0.86.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. WidePoint's Gross Margin % for the three months ended in Dec. 2023 was 14.27%.

WidePoint COGS-to-Revenue Historical Data

The historical data trend for WidePoint'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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WidePoint COGS-to-Revenue Chart

WidePoint Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.83

0.89

0.81

0.85

WidePoint 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															0.85	0.85	0.85	0.85	0.86

WidePoint COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	90.38	/	106.026
	=	0.85

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	24.225	/	28.256
	=	0.86

WidePoint (AMEX:WYY) COGS-to-Revenue Explanation

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

WidePoint'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	-	24.225 / 28.256
	=	14.27 %

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.

WidePoint COGS-to-Revenue Related Terms

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WidePoint (WidePoint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WidePoint Corp (AMEX:WYY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ZMX1:Germany

Address

11250 Waples Mill Road, Suite 210, South Tower, Fairfax, VA, USA, 22030

Website

https://www.widepoint.com

WidePoint Corp is a provider of Technology Management as a Service (TMaaS) that consists of federally certified communications management, identity management, interactive bill presentment and analytics, and Information Technology as a Service solution. Its solutions include Telecom Lifecycle Management, Digital billing communications solutions, and Mobile and Identity management. Geographic regions are North America and Europe, and the majority of the revenue comes from North America.

Executives

James Bernard Rice	director	11250 WAPLES MILL ROAD, SOUTH TOWER, SUITE 210, FAIRFAX VA 22030
Julia A Bowen	director	7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22012
Ian Sparling	officer: CEO, Soft-Ex	7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22102
Robert J George	officer: Chief Financial Officer
John J Fitzgerald	director	2000 EDMUND HALLEY DR, RESTON VA 20191
Jason Holloway	officer: EVP and Chief Sales and Market	C/O 7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22102
Todd Dzyak	officer: COO	11250 WAPLES MILL ROAD, SOUTH TOWER 210, FAIRFAX VA 22030
Philip N Garfinkle	director	C/O WIDEPOINT CORPORATION, 11250 WAPLES MILL ROAD, SUITE 210, FAIRFAX VA 22030
Jin Kang	officer: President - iSYS, LLC	1163 DALEVIEW DRIVE, MCLEAN VA 22102
Otto J Guenther	director	8611 CROSS OAKS LN, FAIRFAX STATION VA 22039
Richard L Todaro	director	C/O GREAT AMERICAN GROUP, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Kellie H Kim	officer: Chief Financial Officer	11250 WAPLES MILL ROAD, SUITE 210, FAIRFAX VA 22030
Nokomis Capital, L.l.c.	10 percent owner	1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Morton S Taubman	director	1201 FIFTEENTH STREET, N.W., SECOND FLOOR, WASHINGTON DC 20005
Kito Mussa	officer: Interim CFO	C/O 7926 JONES BRANCH DRIVE, SUITE 520, MCLEAN VA 22102