NRGene Technologies (XTAE:NRGN) COGS-to-Revenue : 0.48 (As of Dec. 2023)

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What is NRGene Technologies COGS-to-Revenue?

NRGene Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was ₪1.52 Mil. Its Revenue for the six months ended in Dec. 2023 was ₪3.19 Mil.

NRGene Technologies's COGS to Revenue for the six months ended in Dec. 2023 was 0.48.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. NRGene Technologies's Gross Margin % for the six months ended in Dec. 2023 was 52.47%.

NRGene Technologies COGS-to-Revenue Historical Data

The historical data trend for NRGene Technologies'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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NRGene Technologies COGS-to-Revenue Chart

NRGene Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.36

0.45

0.46

0.55

NRGene Technologies Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial			0.46	0.45	0.47	0.60	0.48

NRGene Technologies COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.121	/	7.497
	=	0.55

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.517	/	3.192
	=	0.48

NRGene Technologies (XTAE:NRGN) COGS-to-Revenue Explanation

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

NRGene Technologies'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	-	1.517 / 3.192
	=	52.47 %

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.

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NRGene Technologies (XTAE:NRGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NRGene Technologies Ltd (XTAE:NRGN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Golda Meir Street, Ness-Ziona, ISR, 7403649

Website

https://www.nrgene.com

NRGene Technologies Ltd is engaged in the development of artificial intelligence-based software for the analysis of genetic information in order to improve species of plants and animals.

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