Simply Better Brands (Simply Better Brands) COGS-to-Revenue : 0.71 (As of Mar. 2024)

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What is Simply Better Brands COGS-to-Revenue?

Simply Better Brands's Cost of Goods Sold for the three months ended in Mar. 2024 was $9.96 Mil. Its Revenue for the three months ended in Mar. 2024 was $14.00 Mil.

Simply Better Brands's COGS to Revenue for the three months ended in Mar. 2024 was 0.71.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Simply Better Brands's Gross Margin % for the three months ended in Mar. 2024 was 28.82%.

Simply Better Brands COGS-to-Revenue Historical Data

The historical data trend for Simply Better Brands'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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Simply Better Brands COGS-to-Revenue Chart

Simply Better Brands Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.34

0.35

0.38

0.32

0.41

Simply Better Brands Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial														0.62	0.42	0.35	0.45	0.71

Simply Better Brands COGS-to-Revenue Calculation

Simply Better Brands's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	32.992	/	79.856
	=	0.41

Simply Better Brands's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9.962	/	13.996
	=	0.71

Simply Better Brands (OTCPK:SBBCF) COGS-to-Revenue Explanation

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

Simply Better Brands's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	9.962 / 13.996
	=	28.82 %

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.

Simply Better Brands COGS-to-Revenue Related Terms

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Simply Better Brands (Simply Better Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Simply Better Brands Corp (OTCPK:SBBCF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

5SS0:Germany SBBC:Canada

Address

595 Howe Street, Suite 206, Vancouver, BC, CAN, V6C 2T5

Website

https://www.simplybetterbrands.com

Simply Better Brands Corp is promoting healthy and active lifestyles. In addition to expanding its majority-owned CBD subsidiary brand, PureKana, the company has announced strategic acquisitions in industry health, wellness, beauty, pet and lifestyle brands and companies. The Company operates in one reportable segment being the sale of consumer health and wellness products with sales principally generated from the United States.