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OCTO (Eightco Holdings) COGS-to-Revenue : 0.98 (As of Dec. 2024)


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What is Eightco Holdings COGS-to-Revenue?

Eightco Holdings's Cost of Goods Sold for the three months ended in Dec. 2024 was $15.04 Mil. Its Revenue for the three months ended in Dec. 2024 was $15.31 Mil.

Eightco Holdings's COGS to Revenue for the three months ended in Dec. 2024 was 0.98.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Eightco Holdings's Gross Margin % for the three months ended in Dec. 2024 was 1.78%.

Eightco Holdings COGS-to-Revenue Historical Data

The historical data trend for Eightco Holdings'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.

Eightco Holdings COGS-to-Revenue Chart

Eightco Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
COGS-to-Revenue
0.70 0.72 0.93 0.91 0.85

Eightco Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.11 0.80 0.75 0.73 0.98

Eightco Holdings COGS-to-Revenue Calculation

Eightco Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=33.639 / 39.621
=0.85

Eightco Holdings's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=15.04 / 15.312
=0.98

* 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.

Eightco Holdings  (NAS:OCTO) COGS-to-Revenue Explanation

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

Eightco Holdings's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 15.04 / 15.312
=1.78 %

* 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.

Eightco Holdings COGS-to-Revenue Related Terms

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Eightco Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Eightco Holdings Inc (NAS:OCTO) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
N/A
Address
101 Larry Holmes Dr., Easton, Safety Harbor, PA, USA, 18042
Website
https://www.8co.holdings
Eightco Holdings Inc operates in three main businesses: Forever 8 Inventory Cash Flow Solution, Web3 Business, and Packaging Business. Forever 8 focuses on purchasing inventory for e-commerce retailers and is part of its Inventory Solution Business. Web3 Business but has no intention of continuing this business at this time. The Packaging Business manufactures and sells custom packaging for a wide variety of products and helps customers generate brand awareness and promote brand image through packaging. The Company's two reportable segments were the Inventory Management Solutions segment and the Corrugated segment. Key revenue is generated from Inventory Management Solutions segment.
Executives
Brian Mcfadden director, officer: President and CEO 855 BAYWAY BLVD, CLEARWATER BEACH FL 33767
Louis Foreman director 520 ELLIOT STREET, CHARLOTTE NC 28202
Frank D Jennings director 1739 SAILMAKER STREET, CHARLESTON SC 29492
Vroman Brett Earl James officer: Chief Financial Officer C/O EDISON NATION, INC., 909 NEW BRUNSWICK AVENUE, PHILLIPSBURG NJ 08865
Kevin J O'donnell director, officer: Chairman 91 OAKLEIGH LANE, MAITLAND FL 32751
Vinco Ventures, Inc. 10 percent owner C/O INCORP SERVICES, 3773 HOWARD HUGHES PKWY. STE 500S, LAS VEGAS NV 89169
Mary Ann Halford director 12 BRIARBROOK DRIVE, BRIARCLIFF MANOR NY 10510