SAI.TECH Global (SAI.TECH Global) COGS-to-Revenue

: 0.94 (As of Jun. 2023)

View and export this data going back to 2022. Start your Free Trial

SAI.TECH Global's Cost of Goods Sold for the six months ended in Jun. 2023 was $2.85 Mil. Its Revenue for the six months ended in Jun. 2023 was $3.03 Mil.

SAI.TECH Global's COGS to Revenue for the six months ended in Jun. 2023 was 0.94.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. SAI.TECH Global's Gross Margin % for the six months ended in Jun. 2023 was 5.92%.

SAI.TECH Global COGS-to-Revenue Historical Data

The historical data trend for SAI.TECH Global'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.

SAI.TECH Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

0.54

0.93

0.89

SAI.TECH Global Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue			0.86	0.99	0.89	0.90	0.94

SAI.TECH Global COGS-to-Revenue Calculation

SAI.TECH Global's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9.498	/	10.638
	=	0.89

SAI.TECH Global's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.847	/	3.026
	=	0.94

SAI.TECH Global (NAS:SAI) COGS-to-Revenue Explanation

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

SAI.TECH Global'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	-	2.847 / 3.026
	=	5.92 %

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.

SAI.TECH Global COGS-to-Revenue Related Terms

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

SAI.TECH Global (SAI.TECH Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » SAI.TECH Global Corp (NAS:SAI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

195 Pearl’s Hill Terrace, Number 01-05, Singapore, SGP, 168976

Website

https://www.sai.tech

SAI.TECH Global Corp is an energy saving mining operator that engages in the hosting of bitcoin mining machines for its clients. It uses a proprietary liquid cooling and heat exchange technology towards mining machines that enables utilization of waste heat to provide recycled energy heating for potential customers while achieving lower mining operating costs. The Company has two reportable segments namely equipment sales & hosting and mining pool business.

Executives

Michael Davidov	director	60 EAST 42 STREET, NEW YORK NY 10165
Tao Jiang	director	3 STONER AVE, GREAT NECK NY 11021
Luqi Wen	officer: CFO and Secretary	3 STONER AVE, GREAT NECK NY 11021
Jianwei Li	director, 10 percent owner, officer: Chairman and Co-CEO	3 STONER AVE, GREAT NECK NY 11021
David Xianglin Li	director	3 STONER AVE, GREAT NECK NY 11021
Tradeup Global Sponsor Llc	director, 10 percent owner	3 STONER AVE, GREAT NECK NY 11021
Lei Huang	officer: Co-Chief Executive Officer	3 STONER AVE, GREAT NECK NY 10021