Crimson Tide (LSE:TIDE) COGS-to-Revenue : 0.12 (As of Dec. 2023)

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What is Crimson Tide COGS-to-Revenue?

Crimson Tide's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.37 Mil. Its Revenue for the six months ended in Dec. 2023 was £3.11 Mil.

Crimson Tide's COGS to Revenue for the six months ended in Dec. 2023 was 0.12.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Crimson Tide's Gross Margin % for the six months ended in Dec. 2023 was 88.05%.

Crimson Tide COGS-to-Revenue Historical Data

The historical data trend for Crimson Tide'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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Crimson Tide COGS-to-Revenue Chart

Crimson Tide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.13

0.19

0.15

0.17

0.14

Crimson Tide Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.16	0.15	0.17	0.16	0.12

Crimson Tide COGS-to-Revenue Calculation

Crimson Tide's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.849	/	6.155
	=	0.14

Crimson Tide's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.372	/	3.112
	=	0.12

Crimson Tide (LSE:TIDE) COGS-to-Revenue Explanation

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

Crimson Tide's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.372 / 3.112
	=	88.05 %

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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Crimson Tide (LSE:TIDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Crimson Tide PLC (LSE:TIDE) » Definitions » COGS-to-Revenue

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Address

77 Mount Ephraim, Crimson Tide, Brockbourne House, Tunbridge Wells, Kent, GBR, TN4 8BS

Website

https://www.crimsontide.co.uk

Crimson Tide PLC is a UK-based company which is engaged in the provision of mobility solutions and related software development. The company provides mpro software which is a Maas (Mobility as a Service) that provides job scheduling, alerting, and reporting. It aims to improve the efficiency of staff working and capturing data out in the field. The company also provides non-core software solutions which include reselling third-party software and related development and support services. The majority of the company's revenue comes from mobility solutions and geographically from the United Kingdom.

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