RMDEF (Remedy Entertainment) COGS-to-Revenue : 0.41 (As of Jun. 2024)

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What is Remedy Entertainment COGS-to-Revenue?

Remedy Entertainment's Cost of Goods Sold for the three months ended in Jun. 2024 was $4.52 Mil. Its Revenue for the three months ended in Jun. 2024 was $11.14 Mil.

Remedy Entertainment's COGS to Revenue for the three months ended in Jun. 2024 was 0.41.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Remedy Entertainment's Gross Margin % for the three months ended in Jun. 2024 was 59.43%.

Remedy Entertainment COGS-to-Revenue Historical Data

The historical data trend for Remedy Entertainment'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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Remedy Entertainment COGS-to-Revenue Chart

Remedy Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.07

-0.12

0.15

0.31

0.54

Remedy Entertainment Quarterly Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial												0.37	0.21	0.46	-	0.41

Remedy Entertainment COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	19.829	/	37.003
	=	0.54

Remedy Entertainment's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.519	/	11.14
	=	0.41

Remedy Entertainment (OTCPK:RMDEF) COGS-to-Revenue Explanation

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

Remedy Entertainment's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	4.519 / 11.14
	=	59.43 %

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.

Remedy Entertainment COGS-to-Revenue Related Terms

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Remedy Entertainment Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Remedy Entertainment PLC (OTCPK:RMDEF) » Definitions » COGS-to-Revenue

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REMEDY:Finland 8P8:Germany

Address

Luomanportti 3, Espoo, FIN, 02200

Website

https://www.remedygames.com

Remedy Entertainment PLC is a gaming company developing narrative and visually impressive console and computer games, published by partners such as Microsoft, Rockstar Games and Smile Gate. The company's games have been made into books, comics, concerts, Tv-series, and a Hollywood movie. It published games such as Death Rally, Max Payne, among others.