FlexQube AB (OSTO:FLEXQ) COGS-to-Revenue : 0.36 (As of Dec. 2023)

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What is FlexQube AB COGS-to-Revenue?

FlexQube AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr11.3 Mil. Its Revenue for the three months ended in Dec. 2023 was kr31.7 Mil.

FlexQube AB's COGS to Revenue for the three months ended in Dec. 2023 was 0.36.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. FlexQube AB's Gross Margin % for the three months ended in Dec. 2023 was 64.25%.

FlexQube AB COGS-to-Revenue Historical Data

The historical data trend for FlexQube 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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FlexQube AB COGS-to-Revenue Chart

FlexQube AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.54

0.53

0.46

0.48

FlexQube AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.49	0.44	0.49	0.73	0.36

FlexQube AB COGS-to-Revenue Calculation

FlexQube 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
	=	55.182	/	115.714
	=	0.48

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11.337	/	31.716
	=	0.36

FlexQube AB (OSTO:FLEXQ) COGS-to-Revenue Explanation

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

FlexQube AB's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	11.337 / 31.716
	=	64.25 %

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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FlexQube AB (OSTO:FLEXQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FlexQube AB (OSTO:FLEXQ) » Definitions » COGS-to-Revenue

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A1Y:Germany

Address

Kungsgatan 28, Gothenburg, SWE, 41119

Website

https://www.flexqube.com

FlexQube AB develops and offers a flexible system of few standardized components that can be used to build industrial material handling applications like pallet carts, racks, kit carts, and fixtures. The products of the company include Tugger Carts, Mother-Daughter Solutions, Kit Carts, Rotating Carts and Carts with compartments.

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