Hagen Bikes Holding AS (OTSE:HAGEN) COGS-to-Revenue : 0.64 (As of Jun. 2023)

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What is Hagen Bikes Holding AS COGS-to-Revenue?

Hagen Bikes Holding AS's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.18 Mil. Its Revenue for the six months ended in Jun. 2023 was €0.28 Mil.

Hagen Bikes Holding AS's COGS to Revenue for the six months ended in Jun. 2023 was 0.64.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hagen Bikes Holding AS's Gross Margin % for the six months ended in Jun. 2023 was 35.69%.

Hagen Bikes Holding AS COGS-to-Revenue Historical Data

The historical data trend for Hagen Bikes Holding AS'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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Hagen Bikes Holding AS COGS-to-Revenue Chart

Hagen Bikes Holding AS Annual Data

Trend

Jan19

Jan20

COGS-to-Revenue

0.24

0.82

Hagen Bikes Holding AS Semi-Annual Data
	Jan19	Jan20	Jan21	Jun22	Jun23
COGS-to-Revenue	-	-	-	1.29	0.64

Hagen Bikes Holding AS COGS-to-Revenue Calculation

Hagen Bikes Holding AS's COGS to Revenue for the fiscal year that ended in Jan. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.009	/	0.011
	=	0.82

Hagen Bikes Holding AS's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.182	/	0.283
	=	0.64

Hagen Bikes Holding AS (OTSE:HAGEN) COGS-to-Revenue Explanation

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

Hagen Bikes Holding AS's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.182 / 0.283
	=	35.69 %

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.

Hagen Bikes Holding AS COGS-to-Revenue Related Terms

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Hagen Bikes Holding AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hagen Bikes Holding AS (OTSE:HAGEN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kopli tee 1/2-5, Peetri Township, Harju County, Rae Parish, EST

Website

https://www.hagenbikes.com

Hagen Bikes Holding AS is engaged in the production and development of cargo and box bicycles.

Hagen Bikes Holding AS Headlines

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