Flitways Technology (Flitways Technology) COGS-to-Revenue : 0.92 (As of Mar. 2019)

View and export this data going back to 2015. Start your Free Trial

What is Flitways Technology COGS-to-Revenue?

Flitways Technology's Cost of Goods Sold for the three months ended in Mar. 2019 was $0.02 Mil. Its Revenue for the three months ended in Mar. 2019 was $0.02 Mil.

Flitways Technology's COGS to Revenue for the three months ended in Mar. 2019 was 0.92.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Flitways Technology's Gross Margin % for the three months ended in Mar. 2019 was 8.33%.

Flitways Technology COGS-to-Revenue Historical Data

The historical data trend for Flitways Technology'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.

Flitways Technology COGS-to-Revenue Chart

Flitways Technology Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

COGS-to-Revenue

Get a 7-Day Free Trial

0.80

0.84

0.93

0.88

Flitways Technology Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Sep19
COGS-to-Revenue	Get a 7-Day Free Trial															0.91	-	0.96	0.92	-

Flitways Technology COGS-to-Revenue Calculation

Flitways Technology's COGS to Revenue for the fiscal year that ended in Dec. 2018 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.073	/	1.214
	=	0.88

Flitways Technology's COGS to Revenue for the quarter that ended in Mar. 2019 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.022	/	0.024
	=	0.92

Flitways Technology (OTCPK:FTWS) COGS-to-Revenue Explanation

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

Flitways Technology's Gross Margin % for the three months ended in Mar. 2019 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.022 / 0.024
	=	8.33 %

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.

Flitways Technology COGS-to-Revenue Related Terms

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

Flitways Technology (Flitways Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flitways Technology Inc (OTCPK:FTWS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Corporate Pointe, Suite 5500, Culver City, CA, USA, 90230

Website

https://www.flitways.com

Flitways Technology Inc is engaged in the business of transportation. Its main mission is to provide both corporate enterprises and their employees and travel resellers and their customers with a complete offering of fully integrated ground transportation solutions for any budget or need. Further, the company has created a software platform to give customers enterprise suite and app-based booking, billing, expense management and real-time monitoring for a simple to use ground transportation offering. It has one operating segment that is on-demand transportation business.

Flitways Technology (Flitways Technology) Headlines

From GuruFocus

Corporate Update & 20 Point Forward Guidance Flitways Technologies (FTWS)

By [email protected] [email protected] • 11-04-2019