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HashChain Technology (HashChain Technology) COGS-to-Revenue : 0.94 (As of Aug. 2019)


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What is HashChain Technology COGS-to-Revenue?

HashChain Technology's Cost of Goods Sold for the three months ended in Aug. 2019 was $2.83 Mil. Its Revenue for the three months ended in Aug. 2019 was $3.01 Mil.

HashChain Technology's COGS to Revenue for the three months ended in Aug. 2019 was 0.94.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. HashChain Technology's Gross Margin % for the three months ended in Aug. 2019 was 5.78%.

HashChain Technology COGS-to-Revenue Historical Data

The historical data trend for HashChain Technology'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.

HashChain Technology COGS-to-Revenue Chart

HashChain Technology Annual Data
Trend Aug17 Aug18 Aug19
COGS-to-Revenue
- 1.50 1.47

HashChain Technology Quarterly Data
Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.00 1.31 2.16 1.45 0.94

HashChain Technology COGS-to-Revenue Calculation

HashChain Technology's COGS to Revenue for the fiscal year that ended in Aug. 2019 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=12.711 / 8.666
=1.47

HashChain Technology's COGS to Revenue for the quarter that ended in Aug. 2019 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2.834 / 3.008
=0.94

* 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.

HashChain Technology  (GREY:HSSHF) COGS-to-Revenue Explanation

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

HashChain Technology's Gross Margin % for the three months ended in Aug. 2019 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 2.834 / 3.008
=5.78 %

* 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.

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.

HashChain Technology COGS-to-Revenue Related Terms

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HashChain Technology (HashChain Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HashChain Technology Inc (GREY:HSSHF) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
N/A
Address
40 Beaver Street, Albany, NY, USA, 12205
Website
https://www.hashchain.ca
HashChain Technology Inc is a Canadian cryptocurrency mining company. The main focus of the company is to build out its mining capacity through its data centres.