Convergenze SpA (MIL:CVG) COGS-to-Revenue : 0.71 (As of Dec. 2023)

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What is Convergenze SpA COGS-to-Revenue?

Convergenze SpA's Cost of Goods Sold for the six months ended in Dec. 2023 was €8.78 Mil. Its Revenue for the six months ended in Dec. 2023 was €12.44 Mil.

Convergenze SpA's COGS to Revenue for the six months ended in Dec. 2023 was 0.71.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Convergenze SpA's Gross Margin % for the six months ended in Dec. 2023 was 29.42%.

Convergenze SpA COGS-to-Revenue Historical Data

The historical data trend for Convergenze SpA'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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Convergenze SpA COGS-to-Revenue Chart

Convergenze SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.79

0.73

0.78

0.84

0.72

Convergenze SpA Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial						0.83	0.86	0.83	0.73	0.71

Convergenze SpA COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	16.428	/	22.86
	=	0.72

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8.782	/	12.443
	=	0.71

Convergenze SpA (MIL:CVG) COGS-to-Revenue Explanation

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

Convergenze SpA'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	-	8.782 / 12.443
	=	29.42 %

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.

Convergenze SpA COGS-to-Revenue Related Terms

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Convergenze SpA (MIL:CVG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Convergenze SpA (MIL:CVG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Magna Graecia 136, Capaccio Paestum, Salerno, ITA, 84047

Website

https://www.convergenze.it

Convergenze SpA is engaged in providing telecommunication services. The company wireless internet services, mobile calling and data services, television subscription services, voice call services, and other related services.