Rentunder Holding AB (NGM:RENT) COGS-to-Revenue : 0.31 (As of Dec. 2023)

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What is Rentunder Holding AB COGS-to-Revenue?

Rentunder Holding AB's Cost of Goods Sold for the six months ended in Dec. 2023 was kr2.29 Mil. Its Revenue for the six months ended in Dec. 2023 was kr7.29 Mil.

Rentunder Holding AB's COGS to Revenue for the six months ended in Dec. 2023 was 0.31.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Rentunder Holding AB's Gross Margin % for the six months ended in Dec. 2023 was 68.59%.

Rentunder Holding AB COGS-to-Revenue Historical Data

The historical data trend for Rentunder Holding AB'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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Rentunder Holding AB COGS-to-Revenue Chart

Rentunder Holding AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.65

0.88

0.64

0.46

0.45

Rentunder Holding AB Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial											0.65	0.55	0.35	0.64	0.31

Rentunder Holding AB COGS-to-Revenue Calculation

Rentunder Holding AB's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5.771	/	12.737
	=	0.45

Rentunder Holding AB's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.29	/	7.29
	=	0.31

Rentunder Holding AB (NGM:RENT) COGS-to-Revenue Explanation

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

Rentunder Holding AB's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2.29 / 7.29
	=	68.59 %

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.

Rentunder Holding AB COGS-to-Revenue Related Terms

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Rentunder Holding AB (NGM:RENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rentunder Holding AB (NGM:RENT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gammelbygatan 18, Osthammar, SWE, 742 34

Website

http://www.driveinboatwash.com

Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.