Nerds On Site (XCNQ:NERD) COGS-to-Revenue : 0.77 (As of Feb. 2024)

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What is Nerds On Site COGS-to-Revenue?

Nerds On Site's Cost of Goods Sold for the three months ended in Feb. 2024 was C$2.11 Mil. Its Revenue for the three months ended in Feb. 2024 was C$2.76 Mil.

Nerds On Site's COGS to Revenue for the three months ended in Feb. 2024 was 0.77.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Nerds On Site's Gross Margin % for the three months ended in Feb. 2024 was 23.47%.

Nerds On Site COGS-to-Revenue Historical Data

The historical data trend for Nerds On Site'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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Nerds On Site COGS-to-Revenue Chart

Nerds On Site Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

COGS-to-Revenue

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0.75

0.74

Nerds On Site Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
COGS-to-Revenue	Get a 7-Day Free Trial															0.72	0.77	0.73	0.71	0.77

Nerds On Site COGS-to-Revenue Calculation

Nerds On Site's COGS to Revenue for the fiscal year that ended in May. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.771	/	10.526
	=	0.74

Nerds On Site's COGS to Revenue for the quarter that ended in Feb. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.11	/	2.757
	=	0.77

Nerds On Site (XCNQ:NERD) COGS-to-Revenue Explanation

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

Nerds On Site's Gross Margin % for the three months ended in Feb. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2.11 / 2.757
	=	23.47 %

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.

Nerds On Site COGS-to-Revenue Related Terms

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Nerds On Site (XCNQ:NERD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nerds On Site Inc (XCNQ:NERD) » Definitions » COGS-to-Revenue

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NOSUF:USA 3NS:Germany

Address

4026 Meadowbrook Drive, Unit 120-121, London, ON, CAN, N6L 1C7

Website

https://www.nerdsonsite.com

Nerds On Site Inc provides mobile information technology (IT) support for small to medium-sized enterprises. Its services include computer set-up, network installation, tailored software services, and IT support. The company offers business solutions and residential services. The corporation oversees and retains a network of technically proficient and specially trained independent IT consultants (Consultants) to help clients by providing on-site, effective, consistent, and customized IT solutions. Its revenue is principally derived from service fees charged for consulting services performed by the consultants and the sale of off-the-shelf software, hardware, and related support.

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