Akazoo (Akazoo) COGS-to-Revenue : 0.76 (As of Sep. 2019)

View and export this data going back to 2017. Start your Free Trial

What is Akazoo COGS-to-Revenue?

Akazoo's Cost of Goods Sold for the three months ended in Sep. 2019 was $29.42 Mil. Its Revenue for the three months ended in Sep. 2019 was $38.50 Mil.

Akazoo's COGS to Revenue for the three months ended in Sep. 2019 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Akazoo's Gross Margin % for the three months ended in Sep. 2019 was 23.58%.

Akazoo COGS-to-Revenue Historical Data

The historical data trend for Akazoo'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.

* Premium members only.

Akazoo COGS-to-Revenue Chart

Akazoo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

COGS-to-Revenue

Akazoo Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
COGS-to-Revenue	Get a 7-Day Free Trial										-	-	-	-	0.76

Akazoo COGS-to-Revenue Calculation

Akazoo's COGS to Revenue for the fiscal year that ended in Mar. 2018 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

Akazoo's COGS to Revenue for the quarter that ended in Sep. 2019 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	29.423	/	38.501
	=	0.76

Akazoo (NAS:SONG) COGS-to-Revenue Explanation

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

Akazoo's Gross Margin % for the three months ended in Sep. 2019 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	29.423 / 38.501
	=	23.58 %

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.

Akazoo COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Akazoo's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Akazoo (Akazoo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Akazoo SA (NAS:SONG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Rue de Bitbourg, Luxembourg, LUX, L-1273

Website

https://www.akazoo.com

Akazoo SA operates as a technology company. It offers on-demand music and audio streaming, media and AI technology. The Firm provides its subscribers unlimited online and offline music streaming access to a catalogue of songs on an ad-free basis. The company uses patented AI technology for music recommendations and offers online and offline listening.