Movement Industries (Movement Industries) COGS-to-Revenue : 0.67 (As of Jun. 2023)

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What is Movement Industries COGS-to-Revenue?

Movement Industries's Cost of Goods Sold for the six months ended in Jun. 2023 was $0.58 Mil. Its Revenue for the six months ended in Jun. 2023 was $0.87 Mil.

Movement Industries's COGS to Revenue for the six months ended in Jun. 2023 was 0.67.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Movement Industries's Gross Margin % for the six months ended in Jun. 2023 was 32.95%.

Movement Industries COGS-to-Revenue Historical Data

The historical data trend for Movement Industries'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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Movement Industries COGS-to-Revenue Chart

Movement Industries Annual Data

Trend

Jun22

Jun23

COGS-to-Revenue

0.88

0.67

Movement Industries Semi-Annual Data
	Jun22	Jun23
COGS-to-Revenue	0.88	0.67

Movement Industries COGS-to-Revenue Calculation

Movement Industries's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.582	/	0.868
	=	0.67

Movement Industries's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.582	/	0.868
	=	0.67

Movement Industries (OTCPK:MVNT) COGS-to-Revenue Explanation

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

Movement Industries's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.582 / 0.868
	=	32.95 %

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.

Movement Industries COGS-to-Revenue Related Terms

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Movement Industries (Movement Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Movement Industries Corp (OTCPK:MVNT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

6829 Flintlock Road, Houston, TX, USA, 77040

Website

https://www.mvmnt.in

Movement Industries Corp is engaged in investments in emerging growth companies in the energy, oil and gas, and industrial manufacturing sectors. The company also offers its services to utilities, technology, agriculture, and medical industries. It provides valves, actuators, pumps, tanks, and wellhead control panels, CNC Machining, Waterjet, Plasma, Laser Cutting, Welding and Fabrication, control systems, and communication systems among its many products and services. The company operates in North America, South America and is expanding globally with new ventures into Africa and market studies into the European and Asian markets.