Strax AB (OSTO:STRAX) COGS-to-Revenue : 1.66 (As of Sep. 2023)

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What is Strax AB COGS-to-Revenue?

Strax AB's Cost of Goods Sold for the three months ended in Sep. 2023 was kr118 Mil. Its Revenue for the three months ended in Sep. 2023 was kr71 Mil.

Strax AB's COGS to Revenue for the three months ended in Sep. 2023 was 1.66.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Strax AB's Gross Margin % for the three months ended in Sep. 2023 was -66.06%.

Strax AB COGS-to-Revenue Historical Data

The historical data trend for Strax 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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Strax AB COGS-to-Revenue Chart

Strax AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.76

0.74

0.84

0.83

Strax AB 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															0.56	0.84	0.68	0.68	1.66

Strax AB COGS-to-Revenue Calculation

Strax 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
	=	956.084	/	1147.648
	=	0.83

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	117.768	/	70.921
	=	1.66

Strax AB (OSTO:STRAX) COGS-to-Revenue Explanation

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

Strax 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	-	117.768 / 70.921
	=	-66.06 %

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.

Strax AB COGS-to-Revenue Related Terms

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Strax AB (OSTO:STRAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Strax AB (OSTO:STRAX) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

NOBC:Germany

Address

Master Samuelsgatan 10, Stockholm, SWE, 111 44

Website

https://www.strax.com

Strax AB is specialized in accessories that empower mobile lifestyles. Its portfolio of branded accessories covers all major mobile accessory categories: Protection, Power, Connectivity, as well as Personal Audio. Its Health & Wellness category offers branded Personal Protection products. Its distribution business reaches a broad customer base, through 70 000 brick and mortar stores around the globe, as well as through online marketplaces and direct-to-consumers. The company's wholly-owned brands include Urbanista, Clckr, Richmond & Finch, Planet Buddies, xqisit, AVO+, Dottir and grell, and licensed brands include adidas, Bugatti, Diesel, Superdry and WeSC. The firm's distribution business also services over 40 other major mobile accessory brands.

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