Innerscope Hearing Technologies (Innerscope Hearing Technologies) COGS-to-Revenue : 0.27 (As of Dec. 2020)

View and export this data going back to 2017. Start your Free Trial

What is Innerscope Hearing Technologies COGS-to-Revenue?

Innerscope Hearing Technologies's Cost of Goods Sold for the three months ended in Dec. 2020 was $0.01 Mil. Its Revenue for the three months ended in Dec. 2020 was $0.02 Mil.

Innerscope Hearing Technologies's COGS to Revenue for the three months ended in Dec. 2020 was 0.27.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Innerscope Hearing Technologies's Gross Margin % for the three months ended in Dec. 2020 was 72.73%.

Innerscope Hearing Technologies COGS-to-Revenue Historical Data

The historical data trend for Innerscope Hearing Technologies'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.

* Premium members only.

Innerscope Hearing Technologies COGS-to-Revenue Chart

Innerscope Hearing Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

COGS-to-Revenue

Get a 7-Day Free Trial

0.41

0.62

0.56

0.59

0.42

Innerscope Hearing Technologies Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
COGS-to-Revenue	Get a 7-Day Free Trial															1.12	0.60	0.50	0.11	0.27

Innerscope Hearing Technologies COGS-to-Revenue Calculation

Innerscope Hearing Technologies's COGS to Revenue for the fiscal year that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.069	/	0.166
	=	0.42

Innerscope Hearing Technologies's COGS to Revenue for the quarter that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.006	/	0.022
	=	0.27

Innerscope Hearing Technologies (OTCPK:INND) COGS-to-Revenue Explanation

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

Innerscope Hearing Technologies's Gross Margin % for the three months ended in Dec. 2020 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.006 / 0.022
	=	72.73 %

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.

Innerscope Hearing Technologies COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Innerscope Hearing Technologies's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Innerscope Hearing Technologies (Innerscope Hearing Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Innerscope Hearing Technologies Inc (OTCPK:INND) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

2151 Professional Drive, Second Floor, Roseville, CA, USA, 95661

Website

https://www.innd.com

Innerscope Hearing Technologies Inc is a manufacturer and a DTC distributor/retailer of FDA-registered hearing aids, personal sound amplifier products, hearing-related treatment therapies, doctor-formulated dietary hearing supplements, and proprietary CDB oil for treating tinnitus. It also owns and operates audiological and retail hearing device clinics and plans to continue to open and acquire additional clinics. The company operates retail hearing device clinics in California.