QRS Music Technologies (QRS Music Technologies) COGS-to-Revenue : 0.70 (As of Mar. 2007)

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What is QRS Music Technologies COGS-to-Revenue?

QRS Music Technologies's Cost of Goods Sold for the three months ended in Mar. 2007 was $2.31 Mil. Its Revenue for the three months ended in Mar. 2007 was $3.27 Mil.

QRS Music Technologies's COGS to Revenue for the three months ended in Mar. 2007 was 0.70.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. QRS Music Technologies's Gross Margin % for the three months ended in Mar. 2007 was 29.54%.

QRS Music Technologies COGS-to-Revenue Historical Data

The historical data trend for QRS Music 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.

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QRS Music Technologies COGS-to-Revenue Chart

QRS Music Technologies Annual Data

Trend

Jun01

Jun02

Jun03

Jun04

Jun05

Jun06

COGS-to-Revenue

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0.70

0.67

0.68

0.69

0.68

QRS Music Technologies Quarterly Data
	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07
COGS-to-Revenue	Get a 7-Day Free Trial															0.61	0.75	0.83	0.66	0.70

QRS Music Technologies COGS-to-Revenue Calculation

QRS Music Technologies's COGS to Revenue for the fiscal year that ended in Jun. 2006 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12.224	/	18.085
	=	0.68

QRS Music Technologies's COGS to Revenue for the quarter that ended in Mar. 2007 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.307	/	3.274
	=	0.70

QRS Music Technologies (OTCPK:QRSM) COGS-to-Revenue Explanation

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

QRS Music Technologies's Gross Margin % for the three months ended in Mar. 2007 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2.307 / 3.274
	=	29.54 %

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.

QRS Music Technologies COGS-to-Revenue Related Terms

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QRS Music Technologies (QRS Music Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » QRS Music Technologies Inc (OTCPK:QRSM) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

269 Quaker Drive, Seneca, PA, USA, 16346

Website

https://www.qrsmusic.com

QRS Music Technologies Inc manufactures and distributes pianos, pianomation units and compact discs and music rolls for use in player pianos. The firm has a presence in Buffalo, New York and Seneca, Pennsylvania within the United States and internationally in Belmain NSW, Australia. It also operates a sales and procurement office in Hong Kong, China.

QRS Music Technologies (QRS Music Technologies) Headlines

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