Wrap Technologies (Wrap Technologies) COGS-to-Revenue : 0.40 (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Wrap Technologies COGS-to-Revenue?

Wrap Technologies's Cost of Goods Sold for the three months ended in Sep. 2023 was $1.45 Mil. Its Revenue for the three months ended in Sep. 2023 was $3.63 Mil.

Wrap Technologies's COGS to Revenue for the three months ended in Sep. 2023 was 0.40.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Wrap Technologies's Gross Margin % for the three months ended in Sep. 2023 was 59.96%.

Wrap Technologies COGS-to-Revenue Historical Data

The historical data trend for Wrap 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.

* Premium members only.

Wrap Technologies COGS-to-Revenue Chart

Wrap Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

Get a 7-Day Free Trial

0.78

0.60

0.66

0.74

0.54

Wrap Technologies 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															0.46	0.53	0.50	0.44	0.40

Wrap Technologies COGS-to-Revenue Calculation

Wrap Technologies's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.315	/	8.049
	=	0.54

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.454	/	3.631
	=	0.40

Wrap Technologies (NAS:WRAP) COGS-to-Revenue Explanation

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

Wrap Technologies'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	-	1.454 / 3.631
	=	59.96 %

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.

Wrap Technologies COGS-to-Revenue Related Terms

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

Wrap Technologies (Wrap Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wrap Technologies Inc (NAS:WRAP) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1817 West 4th Street, Tempe, AZ, USA, 85281

Website

https://www.wrap.com

Wrap Technologies Inc offers public safety technologies and services. The firm develops policing solutions to law enforcement and security personnel. Its BolaWRAP 150 Remote Restraint device is a patented, hand-held tool that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. The group operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

Executives

Timothy Szymanski	director	C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Rajiv Srinivasan	director	C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Kevin W Mullins	officer: PRESIDENT	C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Christopher James Dealmeida	officer: Chief Financial Officer	1817 W 4TH STREET, TEMPE AZ 85281
Elwood G Norris	10 percent owner	13771 DANIELSON STREET, STE. L, POWAY CA 92064
Bruce Bernstein	director	780 THIRD AVENUE, 12TH FLOOR, NEW YORK NY 10017
Marc Savas	director	8033 SUNSET BLVD., BOX 873, LOS ANGELES CA 90046
Tj Kennedy	director	400 S 4TH ST, STE. 401-412, MINNEAPOLIS MN 55415
Scot Cohen	director, officer: Executive Chairman, Secretary	20 EAST 20TH ST., APT. 6, NEW YORK NY 10003
Kevin Charles Sherman	director	1730 BLAKE ST STE 305, DENVER CO 80202
Glenn M Hickman	officer: CHIEF OPERATING OFFICER	C/O WRAP TECHNOLOGIES, 1817 W 4TH STREET, TEMPE AZ 85281
Varner Leo William Jr.	officer: INTERIM CEO	400 GALLERIA PKWY SE, SUITE 1760, ATLANTA GA 30339
James A Barnes	director, officer: President and CFO	13771 DANIELSON STREET, STE. L, POWAY CA 92064
Thomas P Smith	officer: PRESIDENT	7860 EAST MCCLAIN DRIVE SUITE E, SCOTTSDALE AZ 85260-1627
David G Norris	director, officer: President	C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277