Athena IT-Group AS (OCSE:ATHENA) COGS-to-Revenue : 0.21 (As of Sep. 2015)

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What is Athena IT-Group AS COGS-to-Revenue?

Athena IT-Group AS's Cost of Goods Sold for the three months ended in Sep. 2015 was kr3.28 Mil. Its Revenue for the three months ended in Sep. 2015 was kr15.45 Mil.

Athena IT-Group AS's COGS to Revenue for the three months ended in Sep. 2015 was 0.21.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Athena IT-Group AS's Gross Margin % for the three months ended in Sep. 2015 was 78.80%.

Athena IT-Group AS COGS-to-Revenue Historical Data

The historical data trend for Athena IT-Group AS'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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Athena IT-Group AS COGS-to-Revenue Chart

Athena IT-Group AS Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

COGS-to-Revenue

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0.18

0.12

0.17

0.24

Athena IT-Group AS Quarterly Data
	Jun09	Jun10	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
COGS-to-Revenue	Get a 7-Day Free Trial															0.25	0.26	0.42	0.05	0.21

Athena IT-Group AS COGS-to-Revenue Calculation

Athena IT-Group AS's COGS to Revenue for the fiscal year that ended in Jun. 2015 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	15.399	/	63.999
	=	0.24

Athena IT-Group AS's COGS to Revenue for the quarter that ended in Sep. 2015 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.275	/	15.451
	=	0.21

Athena IT-Group AS (OCSE:ATHENA) COGS-to-Revenue Explanation

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

Athena IT-Group AS's Gross Margin % for the three months ended in Sep. 2015 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3.275 / 15.451
	=	78.80 %

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.

Athena IT-Group AS COGS-to-Revenue Related Terms

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Athena IT-Group AS (OCSE:ATHENA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Athena IT-Group AS (OCSE:ATHENA) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Website

http://www.athena.dk

Athena IT-Group AS provides professional IT solutions for the Danish business community. It consists of two divisions: Infrastructure & Outsourcing; and E-Solutions.

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