My Beat (XSAT:MYBEAT) COGS-to-Revenue : 0.80 (As of Jan. 2024)

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What is My Beat COGS-to-Revenue?

My Beat's Cost of Goods Sold for the three months ended in Jan. 2024 was kr2.34 Mil. Its Revenue for the three months ended in Jan. 2024 was kr2.94 Mil.

My Beat's COGS to Revenue for the three months ended in Jan. 2024 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. My Beat's Gross Margin % for the three months ended in Jan. 2024 was 20.20%.

My Beat COGS-to-Revenue Historical Data

The historical data trend for My Beat'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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My Beat COGS-to-Revenue Chart

My Beat Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

COGS-to-Revenue

1.11

0.85

0.70

0.96

My Beat Quarterly Data
	Apr20	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Jan24
COGS-to-Revenue	Get a 7-Day Free Trial							0.97	0.93	1.10	0.97	0.80

My Beat COGS-to-Revenue Calculation

My Beat's COGS to Revenue for the fiscal year that ended in Apr. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8.256	/	8.604
	=	0.96

My Beat's COGS to Revenue for the quarter that ended in Jan. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.342	/	2.935
	=	0.80

My Beat (XSAT:MYBEAT) COGS-to-Revenue Explanation

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

My Beat's Gross Margin % for the three months ended in Jan. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2.342 / 2.935
	=	20.20 %

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.

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My Beat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » My Beat (XSAT:MYBEAT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stenbackevagen, Orebro, SWE, 702 25

Website

https://www.mybeat.se

My Beat operates as a mobile operator that offers private individuals mobile subscriptions and mobile broadband. It offers Internet plans, voice calling, video streaming, bills payments, and other related services.

My Beat Headlines

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