Bytes Technology Group (LSE:BYIT) COGS-to-Revenue : 0.28 (As of Feb. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Bytes Technology Group COGS-to-Revenue?

Bytes Technology Group's Cost of Goods Sold for the six months ended in Feb. 2024 was £27.9 Mil. Its Revenue for the six months ended in Feb. 2024 was £98.3 Mil.

Bytes Technology Group's COGS to Revenue for the six months ended in Feb. 2024 was 0.28.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Bytes Technology Group's Gross Margin % for the six months ended in Feb. 2024 was 71.65%.

Bytes Technology Group COGS-to-Revenue Historical Data

The historical data trend for Bytes Technology Group'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.

Bytes Technology Group COGS-to-Revenue Chart

Bytes Technology Group Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

COGS-to-Revenue

Get a 7-Day Free Trial

0.79

0.77

0.26

0.30

Bytes Technology Group Semi-Annual Data
	Feb18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
COGS-to-Revenue	Get a 7-Day Free Trial							0.25	0.30	0.29	0.31	0.28

Bytes Technology Group COGS-to-Revenue Calculation

Bytes Technology Group's COGS to Revenue for the fiscal year that ended in Feb. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	61.243	/	207.021
	=	0.30

Bytes Technology Group's COGS to Revenue for the quarter that ended in Feb. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	27.878	/	98.322
	=	0.28

Bytes Technology Group (LSE:BYIT) COGS-to-Revenue Explanation

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

Bytes Technology Group's Gross Margin % for the six months ended in Feb. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	27.878 / 98.322
	=	71.65 %

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.

Bytes Technology Group COGS-to-Revenue Related Terms

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

Bytes Technology Group (LSE:BYIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bytes Technology Group PLC (LSE:BYIT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

BYI:South Africa BYITl:UK 9NY:Germany

Address

Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW

Website

https://www.bytesplc.com

Bytes Technology Group PLC provides IT solutions and services, offering software, hardware and cloud services. It enables effective and cost-efficient technology sourcing, adoption and management across software, security and cloud services. The company's brands include Bytes Software Services (BSS) and Phoenix Software. It generates a majority of its revenue from Software.

Bytes Technology Group (LSE:BYIT) Headlines

No Headlines