CareView Communications (CareView Communications) COGS-to-Revenue

: 0.44 (As of Dec. 2023)

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CareView Communications's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.79 Mil. Its Revenue for the three months ended in Dec. 2023 was $1.77 Mil.

CareView Communications's COGS to Revenue for the three months ended in Dec. 2023 was 0.44.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CareView Communications's Gross Margin % for the three months ended in Dec. 2023 was 55.57%.

CareView Communications COGS-to-Revenue Historical Data

The historical data trend for CareView Communications'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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CareView Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.48

0.43

0.36

0.34

0.33

CareView Communications Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue																0.32	0.41	0.27	0.27	0.44

CareView Communications COGS-to-Revenue Calculation

CareView Communications's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.154	/	9.685
	=	0.33

CareView Communications's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.785	/	1.767
	=	0.44

CareView Communications (OTCPK:CRVW) COGS-to-Revenue Explanation

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

CareView Communications's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.785 / 1.767
	=	55.57 %

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.

CareView Communications COGS-to-Revenue Related Terms

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CareView Communications (CareView Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CareView Communications Inc (OTCPK:CRVW) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 State Highway 121 Bypass, Suite B-240, Lewisville, TX, USA, 75067

Website

https://www.care-view.com

CareView Communications Inc is a United States-based company engaged in providing products and on-demand application services for the healthcare industry, specializing in bedside video monitoring, software tools to improve hospital communications and operations, and patient education and entertainment packages. It has developed a data network system called CareView System, which is a suite of video monitoring, guest services, and related applications that connect patients, families, and healthcare providers. The company also provides services to increase patient satisfaction scores and enhance the overall image of the hospital, including on-demand movies and video visits.

Executives

James R Higgins	director	405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
L. Allen Wheeler	director, 10 percent owner	515 GILL FARRELL, DURANT OK 74701
Stephen G Johnson	director, 10 percent owner, officer: President and COO	804 TREE HAVEN CT., HIGHLAND VILLAGE TX 75077
Steven B Epstein	director
Jon E Freeman	officer: Chief Financial Officer	405 STATE HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
David Richard White	director	405 STATE HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Jason T Thompson	director	405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Sandra K Mcree	officer: COO	405 HIGHWAY 121, SUITE B-240, LEWISVILLE TX 75067
Anthony P Piccin	officer: Chief Financial Officer	3704 EVERTON DRIVE, FLOWER MOUND TX 75022
Gerald L Murphy	director	PO BOX 4696, TULSA OK 74159
Jeffrey C Lightcap	director, 10 percent owner	152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Lp	director, 10 percent owner	152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Fund Lp	director, 10 percent owner	Carnegie Hall Tower, 152 West 57th Street, 47th Floor, New York NY 10019
Healthcor Partners Management Gp, Llc	director, 10 percent owner	152 W 57TH STREET 43RD FLOOR, NEW YORK NY 10019
Healthcor Partners Management Lp	director, 10 percent owner	701 EAST BAY STREET, SUITE 516, CHARLESTON SC 29403

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