Weave Communications (Weave Communications) COGS-to-Revenue : 0.30 (As of Mar. 2024)

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What is Weave Communications COGS-to-Revenue?

Weave Communications's Cost of Goods Sold for the three months ended in Mar. 2024 was $14.2 Mil. Its Revenue for the three months ended in Mar. 2024 was $47.2 Mil.

Weave Communications's COGS to Revenue for the three months ended in Mar. 2024 was 0.30.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Weave Communications's Gross Margin % for the three months ended in Mar. 2024 was 69.93%.

Weave Communications COGS-to-Revenue Historical Data

The historical data trend for Weave Communications'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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Weave Communications COGS-to-Revenue Chart

Weave Communications Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.40

0.43

0.37

0.32

Weave Communications Quarterly Data
	Dec19	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												0.33	0.33	0.31	0.31	0.30

Weave Communications COGS-to-Revenue Calculation

Weave Communications's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	54.377	/	170.468
	=	0.32

Weave Communications's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	14.186	/	47.173
	=	0.30

Weave Communications (NYSE:WEAV) COGS-to-Revenue Explanation

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

Weave Communications'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	-	14.186 / 47.173
	=	69.93 %

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.

Weave Communications COGS-to-Revenue Related Terms

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Weave Communications (Weave Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Weave Communications Inc (NYSE:WEAV) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1331 West Powell Way, Lehi, UT, USA, 84043

Website

https://www.getweave.com

Weave Communications Inc sells subscriptions for its integrated communications platform, which combines software, communication and analysis tools with voice over internet protocol (VoIP) phone services. The Company derives substantially all revenue from subscription services by providing customers access to its platform.

Executives

Matthew C. Hyde	officer: Chief Revenue Officer	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Erin Goodsell	officer: Chief Legal Officer & Corp.Sec	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Bessemer Venture Partners Ix L.p.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Crosslink Capital Inc	10 percent owner	2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Branden Neish	officer: Chief Product &Technology Ofcr	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Alan Taylor	officer: Chief Financial Officer	C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043
Tiger Global Management Llc	10 percent owner	9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
George P Scanlon	director	13410 SUTTON PARK DRIVE SOUTH, JACSKONVILLE FL 32224
Blake G Modersitzki	director	2755 EAST COTTONWOOD PARKWAY, SUITE 520, SALT LAKE CITY UT 84121
Marty Smuin	officer: Chief Operating Officer	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Wendy Harper	officer: Chief Legal Officer & Corp.Sec	C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043
Harvey Stuart C. Jr	director	C/O TRUSTWAVE HOLDINGS, INC., 70 W. MADISON, SUITE 1050, CHICAGO IL 60602
Debora B Tomlin	director	6550 OAK LEAF COURT, YOUNTVILLE CA 94599
Roy Banks	director, officer: Chief Executive Officer	6129 WEST 9600 NORTH, HIGHLAND UT 84003
Coleman Charles P Iii	10 percent owner	C/O TIGER GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019