Schmitt Industries (STU:SI1A) COGS-to-Revenue : 0.74 (As of May. 2022)

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What is Schmitt Industries COGS-to-Revenue?

Schmitt Industries's Cost of Goods Sold for the three months ended in May. 2022 was €0.93 Mil. Its Revenue for the three months ended in May. 2022 was €1.25 Mil.

Schmitt Industries's COGS to Revenue for the three months ended in May. 2022 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Schmitt Industries's Gross Margin % for the three months ended in May. 2022 was 25.56%.

Schmitt Industries COGS-to-Revenue Historical Data

The historical data trend for Schmitt Industries'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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Schmitt Industries COGS-to-Revenue Chart

Schmitt Industries Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

COGS-to-Revenue

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0.56

0.63

0.53

0.63

0.49

Schmitt Industries Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
COGS-to-Revenue	Get a 7-Day Free Trial															1.85	0.39	0.45	0.56	0.74

Schmitt Industries COGS-to-Revenue Calculation

Schmitt Industries's COGS to Revenue for the fiscal year that ended in May. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.564	/	9.359
	=	0.49

Schmitt Industries's COGS to Revenue for the quarter that ended in May. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.932	/	1.252
	=	0.74

Schmitt Industries (STU:SI1A) COGS-to-Revenue Explanation

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

Schmitt Industries's Gross Margin % for the three months ended in May. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.932 / 1.252
	=	25.56 %

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.

Schmitt Industries COGS-to-Revenue Related Terms

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Schmitt Industries (STU:SI1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Schmitt Industries Inc (STU:SI1A) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

2765 North West Nicolai Street, Portland, OR, USA, 97210

Website

https://www.schmittindustries.com

Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. Xact product line includes satellite-focused remote tank monitoring products and related monitoring services for markets in the IoT environment. The Company also manufactures, wholesales, and retails ice cream and related products.

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