Destiny Media Technologies (Destiny Media Technologies) COGS-to-Revenue : 0.14 (As of Feb. 2024)

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

What is Destiny Media Technologies COGS-to-Revenue?

Destiny Media Technologies's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.14 Mil. Its Revenue for the three months ended in Feb. 2024 was $0.99 Mil.

Destiny Media Technologies's COGS to Revenue for the three months ended in Feb. 2024 was 0.14.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Destiny Media Technologies's Gross Margin % for the three months ended in Feb. 2024 was 86.31%.

Destiny Media Technologies COGS-to-Revenue Historical Data

The historical data trend for Destiny Media 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.

* Premium members only.

Destiny Media Technologies COGS-to-Revenue Chart

Destiny Media Technologies Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

COGS-to-Revenue

Get a 7-Day Free Trial

0.08

0.09

0.16

0.13

Destiny Media Technologies Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
COGS-to-Revenue	Get a 7-Day Free Trial															0.14	0.13	0.12	0.14	0.14

Destiny Media Technologies COGS-to-Revenue Calculation

Destiny Media Technologies's COGS to Revenue for the fiscal year that ended in Aug. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.515	/	4.034
	=	0.13

Destiny Media Technologies's COGS to Revenue for the quarter that ended in Feb. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.135	/	0.986
	=	0.14

Destiny Media Technologies (OTCPK:DSNY) COGS-to-Revenue Explanation

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

Destiny Media Technologies's Gross Margin % for the three months ended in Feb. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.135 / 0.986
	=	86.31 %

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.

Destiny Media Technologies COGS-to-Revenue Related Terms

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

Destiny Media Technologies (Destiny Media Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Destiny Media Technologies Inc (OTCPK:DSNY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

DME1:Germany DSY:Canada

Address

428 - 1575 West Georgia Street, Vancouver, BC, CAN, V6G 2V3

Website

https://www.dsny.com

Destiny Media Technologies Inc is a provider of secure digital content distribution and promotion solutions. The company operates solely in the digital media software segment. Its predominant services are Clipstream which enables any non-technical user to upload videos that will play on all modern web browsers and Play MPE, a digital distribution service that is used commercially by the recording industry. Destiny services are based on proprietary security, watermarking and instant play streaming media technologies. It also offers audio and video streaming solutions and secure file distribution to customers around the globe.

Executives

Mark A Graber	10 percent owner	2220 NORTHSTAR STREET, NUMBER 17, ANCHORAGE AK 99503
Olya Massalitina	officer: Chief Financial Officer	1911 - 271 FRANCIS WAY, NEW WESTMINSTER A1 V3L 0H2
David M. Mossberg	director	1905 HAY MEADOW COURT, SOUTHLAKE TX 76092
Hyonmyong Cho	director	961 PASEO DEL SUR, SANTA FE NM 87501
Fred Vandenberg	officer: Chief Financial Officer	800-570 GRANVILLE STREET, VANCOUVER A1 V6C 3P1
Samuel Ritchie	officer: CFO	24414 113 AVE, MAPLE RIDGE A1 V2W0H4
David Alexander Summers	director	C/O DESTINY MEDIA TECHNOLOGIES INC., 1110 - 885 W. GEORGIA STREET, VANCOUVER A1 V6C 3E8
Steve Vestergaard	director, 10 percent owner, officer: Chief Executive Officer	650 350 CENTRE ROAD, LIONS BAY A1 V0N 2E0
Sandra Boenisch	officer: CFO	51 WEST 52ND STREET, 7TH FLOOR, NEW YORK NY 10019
Samuel Jay Graber	director	3139 CLEARFIELD DRIVE, SAN ANTONIO TX 78230
Haig S Bagerdjian	director	2777 NORTH ONTARIO ST, BURBANK CA 91504
Dale Borland	officer: VP and COO of Subsidiary	SUITE 750, 650 WEST GEORGIA STREET, VANCOUVER A1 V6B 4N7
Edward Kolic	director
Yoshitaro Kumagai	director	5255 STEVENS CREEK BLVD., #284, SANTA CLARA CA 95051
Lawrence Jeffrey Langs	director	134 LA ESPIRAL ROAD, ORINDA CA 94563