Axsome Therapeutics (FRA:19X) COGS-to-Revenue : 0.08 (As of Mar. 2024)

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What is Axsome Therapeutics COGS-to-Revenue?

Axsome Therapeutics's Cost of Goods Sold for the three months ended in Mar. 2024 was €5.8 Mil. Its Revenue for the three months ended in Mar. 2024 was €69.0 Mil.

Axsome Therapeutics's COGS to Revenue for the three months ended in Mar. 2024 was 0.08.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Axsome Therapeutics's Gross Margin % for the three months ended in Mar. 2024 was 91.60%.

Axsome Therapeutics COGS-to-Revenue Historical Data

The historical data trend for Axsome Therapeutics'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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Axsome Therapeutics COGS-to-Revenue Chart

Axsome Therapeutics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.10

Axsome Therapeutics Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.08	0.10	0.11	0.10	0.08

Axsome Therapeutics COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	23.901	/	248.14
	=	0.10

Axsome Therapeutics's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5.793	/	68.999
	=	0.08

Axsome Therapeutics (FRA:19X) COGS-to-Revenue Explanation

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

Axsome Therapeutics's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	5.793 / 68.999
	=	91.60 %

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.

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Axsome Therapeutics (FRA:19X) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Axsome Therapeutics Inc (FRA:19X) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

AXSM:USA 19X:Germany

Address

22 Cortlandt Street, 16th Floor, New York, NY, USA, 10007

Website

https://www.axsome.com

Axsome Therapeutics Inc is a clinical-stage biopharmaceutical company. It is engaged in developing novel therapies for the management of the central nervous system, or CNS, disorders for which there are limited treatment options. Its pipeline products include AXS-05, AXS-07, AXS-12, and AXS-14.

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