Kona Gold Beverage (Kona Gold Beverage) COGS-to-Revenue : 0.73 (As of Sep. 2023)

View and export this data going back to 2011. Start your Free Trial

What is Kona Gold Beverage COGS-to-Revenue?

Kona Gold Beverage's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.50 Mil. Its Revenue for the three months ended in Sep. 2023 was $0.69 Mil.

Kona Gold Beverage's COGS to Revenue for the three months ended in Sep. 2023 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kona Gold Beverage's Gross Margin % for the three months ended in Sep. 2023 was 27.18%.

Kona Gold Beverage COGS-to-Revenue Historical Data

The historical data trend for Kona Gold Beverage'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.

Kona Gold Beverage COGS-to-Revenue Chart

Kona Gold Beverage Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

Get a 7-Day Free Trial

0.82

0.81

0.72

0.86

0.78

Kona Gold Beverage Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.77	0.74	0.77	0.80	0.73

Kona Gold Beverage COGS-to-Revenue Calculation

Kona Gold Beverage's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.451	/	4.443
	=	0.78

Kona Gold Beverage's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.501	/	0.688
	=	0.73

Kona Gold Beverage (OTCPK:KGKG) COGS-to-Revenue Explanation

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

Kona Gold Beverage's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.501 / 0.688
	=	27.18 %

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.

Kona Gold Beverage COGS-to-Revenue Related Terms

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

Kona Gold Beverage (Kona Gold Beverage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Kona Gold Beverage Inc (OTCPK:KGKG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

746 North Drive, Suite A, Melbourne, FL, USA, 32934

Website

https://www.konagoldhemp.com

Kona Gold Beverage Inc is a United States-based lifestyle hemp company. The company specializes in developing hemp and CBD products in the functional beverage and fitness markets. The company focuses on the hemp energy drink, low-carb and low-calorie lemonade, and CBD water markets. It generates maximum revenue from retail products.

Executives

Lori A Radcliffe	officer: CFO	1356 GEM CIR, ROCKLEDGE FL 32955
Christopher Selinger	officer: VP OF SALES	11 BELLWOOD FARM LANE, GREENVILLE SC 29607
Matthew R Crystal	director	4937 PASADENA WAY, BROOMFIELD CO 80023
William Jeffrey Outlaw	director	8512 MEADOW VIEW LANE, BAHAMA NC 27503
Robert Clark	director, 10 percent owner, officer: CEO	7823 DESMOND AVE, MELBOURNE FL 32940