SQI Diagnostics (SQI Diagnostics) COGS-to-Revenue : 0.48 (As of Mar. 2023)

View and export this data going back to 2009. Start your Free Trial

What is SQI Diagnostics COGS-to-Revenue?

SQI Diagnostics's Cost of Goods Sold for the three months ended in Mar. 2023 was $0.09 Mil. Its Revenue for the three months ended in Mar. 2023 was $0.19 Mil.

SQI Diagnostics's COGS to Revenue for the three months ended in Mar. 2023 was 0.48.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. SQI Diagnostics's Gross Margin % for the three months ended in Mar. 2023 was 51.61%.

SQI Diagnostics COGS-to-Revenue Historical Data

The historical data trend for SQI Diagnostics'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.

SQI Diagnostics COGS-to-Revenue Chart

SQI Diagnostics Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

COGS-to-Revenue

Get a 7-Day Free Trial

0.66

0.32

0.23

0.16

0.62

SQI Diagnostics Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
COGS-to-Revenue	Get a 7-Day Free Trial															0.48	0.64	1.28	0.73	0.48

SQI Diagnostics COGS-to-Revenue Calculation

SQI Diagnostics's COGS to Revenue for the fiscal year that ended in Sep. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.748	/	6.074
	=	0.62

SQI Diagnostics's COGS to Revenue for the quarter that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.09	/	0.186
	=	0.48

SQI Diagnostics (OTCPK:SQIDF) COGS-to-Revenue Explanation

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

SQI Diagnostics's Gross Margin % for the three months ended in Mar. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.09 / 0.186
	=	51.61 %

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.

SQI Diagnostics COGS-to-Revenue Related Terms

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

SQI Diagnostics (SQI Diagnostics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » SQI Diagnostics Inc (OTCPK:SQIDF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Meteor Drive, Toronto, ON, CAN, M9W 1A4

Website

https://www.sqidiagnostics.com

SQI Diagnostics Inc is the leader in the field of lung health. The company develops and manufactures respiratory health and precision medicine tests that run on SQI's automated systems. The company is developing tests to simplify and improve COVID-19 antibody monitoring, rapid acute lung injury testing, donor organ transplant informatics, and immunological protein and antibody testing. Its geographical segments are the United States, Canada, and Europe. Canada accounts for more than half of its revenues.