Symphony Environmental Technologies (LSE:SYM) COGS-to-Revenue

: 0.58 (As of Jun. 2023)

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Symphony Environmental Technologies's Cost of Goods Sold for the six months ended in Jun. 2023 was £2.07 Mil. Its Revenue for the six months ended in Jun. 2023 was £3.57 Mil.

Symphony Environmental Technologies's COGS to Revenue for the six months ended in Jun. 2023 was 0.58.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Symphony Environmental Technologies's Gross Margin % for the six months ended in Jun. 2023 was 42.05%.

Symphony Environmental Technologies COGS-to-Revenue Historical Data

The historical data trend for Symphony Environmental 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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Symphony Environmental Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

0.53

0.54

0.58

0.61

0.63

Symphony Environmental Technologies Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue																0.60	0.61	0.64	0.62	0.58

Symphony Environmental Technologies COGS-to-Revenue Calculation

Symphony Environmental Technologies's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.874	/	6.154
	=	0.63

Symphony Environmental Technologies's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.071	/	3.574
	=	0.58

Symphony Environmental Technologies (LSE:SYM) COGS-to-Revenue Explanation

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

Symphony Environmental Technologies's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2.071 / 3.574
	=	42.05 %

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.

Symphony Environmental Technologies COGS-to-Revenue Related Terms

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Symphony Environmental Technologies (LSE:SYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Symphony Environmental Technologies PLC (LSE:SYM) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

XP7:Germany

Address

6 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, GBR, WD6 1JD

Website

https://www.symphonyenvironmental.com

Symphony Environmental Technologies PLC develops and markets environmental plastic products. It has developed a protective plastic technology under the d2p (designed to protect) brand, which offers extra protection from bacteria, insects, fungi, algae, odor, fouling, and fire. Its products include d2w a masterbatch system that turns ordinary plastic into a material with a different molecular structure, d2Detector is a portable XRF that determines whether a plastic product contains d2w, d2p offers extra protection to plastic product, and d2t offers a tracer system to determine the authenticity of plastic packaging and other plastic products. Its geographic areas are the United Kingdom, Europe, the Americas, the Middle East and Asia, and Africa.