TrackX Holdings (TSXV:TKX.H) COGS-to-Revenue : 0.68 (As of Jun. 2022)

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What is TrackX Holdings COGS-to-Revenue?

TrackX Holdings's Cost of Goods Sold for the three months ended in Jun. 2022 was C$0.24 Mil. Its Revenue for the three months ended in Jun. 2022 was C$0.35 Mil.

TrackX Holdings's COGS to Revenue for the three months ended in Jun. 2022 was 0.68.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. TrackX Holdings's Gross Margin % for the three months ended in Jun. 2022 was 31.90%.

TrackX Holdings COGS-to-Revenue Historical Data

The historical data trend for TrackX 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.

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TrackX Holdings COGS-to-Revenue Chart

TrackX Holdings Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

COGS-to-Revenue

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0.73

0.56

0.57

0.44

0.49

TrackX Holdings Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
COGS-to-Revenue	Get a 7-Day Free Trial															0.65	0.48	0.46	0.84	0.68

TrackX Holdings COGS-to-Revenue Calculation

TrackX Holdings's COGS to Revenue for the fiscal year that ended in Sep. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.718	/	3.493
	=	0.49

TrackX Holdings's COGS to Revenue for the quarter that ended in Jun. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.237	/	0.348
	=	0.68

TrackX Holdings (TSXV:TKX.H) COGS-to-Revenue Explanation

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

TrackX Holdings's Gross Margin % for the three months ended in Jun. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.237 / 0.348
	=	31.90 %

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.

TrackX Holdings COGS-to-Revenue Related Terms

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TrackX Holdings (TSXV:TKX.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TrackX Holdings Inc (TSXV:TKX.H) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

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Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://www.trackx.com

TrackX Holdings Inc provides cloud-based, asset tracking solutions for supply chain and logistics-intensive businesses. Its platform combines support for multiple auto-identification (ID) technologies, workflow, event management, alert notifications, and analytics. The company solutions include high-value asset tracking, yard management, returnable asset management, manufacturing process tracking, and supply chain management, and mobile inventory management solutions. It delivers services to various industries, including transportation, government, healthcare, hi-tech, hospitality, mining, beverage, agriculture, and horticulture. Its operations are primarily conducted in the United States.

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