ICEsoft Technologies Canada (XCNQ:ISFT) COGS-to-Revenue : 0.24 (As of Dec. 2023)

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What is ICEsoft Technologies Canada COGS-to-Revenue?

ICEsoft Technologies Canada's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.10 Mil. Its Revenue for the three months ended in Dec. 2023 was C$0.44 Mil.

ICEsoft Technologies Canada's COGS to Revenue for the three months ended in Dec. 2023 was 0.24.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ICEsoft Technologies Canada's Gross Margin % for the three months ended in Dec. 2023 was 76.38%.

ICEsoft Technologies Canada COGS-to-Revenue Historical Data

The historical data trend for ICEsoft Technologies Canada'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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ICEsoft Technologies Canada COGS-to-Revenue Chart

ICEsoft Technologies Canada Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.19

0.26

0.33

0.29

ICEsoft Technologies Canada Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.35	0.38	0.27	0.28	0.24

ICEsoft Technologies Canada COGS-to-Revenue Calculation

ICEsoft Technologies Canada's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.512	/	1.765
	=	0.29

ICEsoft Technologies Canada's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.103	/	0.436
	=	0.24

ICEsoft Technologies Canada (XCNQ:ISFT) COGS-to-Revenue Explanation

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

ICEsoft Technologies Canada's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.103 / 0.436
	=	76.38 %

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.

ICEsoft Technologies Canada COGS-to-Revenue Related Terms

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ICEsoft Technologies Canada (XCNQ:ISFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ICEsoft Technologies Canada Corp (XCNQ:ISFT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

3553 31st St. NW, Suite 261, Calgary, AB, CAN, T2L 2K7

Website

https://www.icesoft.com

ICEsoft Technologies Canada Corp and its subsidiaries are commercial Java open-source technology companies and providers of mobile-rich Internet applications development solutions for desktop and mobile enterprises. The solutions offered by the company include Voyent Alert, ICEfaces, and ICEpdf.

Executives

Steven Mark Francis	Director
Brian Clifford Mckinney	10% Security Holder, Director, Senior Officer

ICEsoft Technologies Canada (XCNQ:ISFT) Headlines

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