Creturner Group AB (NGM:CRET) COGS-to-Revenue : 0.23 (As of Sep. 2023)

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What is Creturner Group AB COGS-to-Revenue?

Creturner Group AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr0.76 Mil. Its Revenue for the three months ended in Sep. 2023 was kr3.37 Mil.

Creturner Group AB's COGS to Revenue for the three months ended in Sep. 2023 was 0.23.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Creturner Group AB's Gross Margin % for the three months ended in Sep. 2023 was 77.38%.

Creturner Group AB COGS-to-Revenue Historical Data

The historical data trend for Creturner Group AB'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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Creturner Group AB COGS-to-Revenue Chart

Creturner Group AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

0.35

0.43

0.18

0.61

Creturner Group AB Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial											0.31	2.67	0.33	0.25	0.23

Creturner Group AB COGS-to-Revenue Calculation

Creturner Group AB's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	23.272	/	38.194
	=	0.61

Creturner Group AB's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.761	/	3.365
	=	0.23

Creturner Group AB (NGM:CRET) COGS-to-Revenue Explanation

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

Creturner Group AB'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	-	0.761 / 3.365
	=	77.38 %

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.

Creturner Group AB COGS-to-Revenue Related Terms

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Creturner Group AB (NGM:CRET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Creturner Group AB (NGM:CRET) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

XP2:Germany

Address

Atlasvagen 2, Smedjebacken, SWE, 77734

Website

https://www.creturner.com

Creturner Group AB is a greentech company that operates as a technical calculation company with the help of renewable energy from CO2.

Creturner Group AB (NGM:CRET) Headlines

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