Netmore Group AB (OSTO:NETM B) COGS-to-Revenue : 0.78 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Netmore Group AB COGS-to-Revenue?

Netmore Group AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr21.38 Mil. Its Revenue for the three months ended in Sep. 2023 was kr27.49 Mil.

Netmore Group AB's COGS to Revenue for the three months ended in Sep. 2023 was 0.78.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Netmore Group AB's Gross Margin % for the three months ended in Sep. 2023 was 22.23%.

Netmore Group AB COGS-to-Revenue Historical Data

The historical data trend for Netmore Group 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.

* Premium members only.

Netmore Group AB COGS-to-Revenue Chart

Netmore Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

Get a 7-Day Free Trial

1.47

0.17

0.49

0.55

0.49

Netmore Group AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.49	0.41	0.62	0.67	0.78

Netmore Group AB COGS-to-Revenue Calculation

Netmore Group AB's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	24.961	/	50.682
	=	0.49

Netmore Group AB's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	21.381	/	27.492
	=	0.78

Netmore Group AB (OSTO:NETM B) COGS-to-Revenue Explanation

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

Netmore Group AB's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	21.381 / 27.492
	=	22.23 %

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.

Netmore Group AB COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Netmore Group AB's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Netmore Group AB (OSTO:NETM B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Netmore Group AB (OSTO:NETM B) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Strandbergsgatan 61, Stockholm, SWE, 112 51

Website

https://www.netmore.se

Netmore Group AB provides wireless communication solutions. It offers communication solutions for property owners, businesses, industries and public organizations. The company's services include local area networks, mobile enhancement, antenna, system integration and others.

Netmore Group AB (OSTO:NETM B) Headlines

No Headlines