Smart Parking (ASX:SPZ) COGS-to-Revenue : 0.03 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Smart Parking COGS-to-Revenue?

Smart Parking's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.85 Mil. Its Revenue for the six months ended in Dec. 2023 was A$26.58 Mil.

Smart Parking's COGS to Revenue for the six months ended in Dec. 2023 was 0.03.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Smart Parking's Gross Margin % for the six months ended in Dec. 2023 was 96.81%.

Smart Parking COGS-to-Revenue Historical Data

The historical data trend for Smart Parking'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.

Smart Parking COGS-to-Revenue Chart

Smart Parking Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

Get a 7-Day Free Trial

0.12

0.16

0.09

0.07

Smart Parking Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.08	0.09	0.07	0.07	0.03

Smart Parking COGS-to-Revenue Calculation

Smart Parking's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.132	/	45.051
	=	0.07

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.849	/	26.581
	=	0.03

Smart Parking (ASX:SPZ) COGS-to-Revenue Explanation

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

Smart Parking'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	-	0.849 / 26.581
	=	96.81 %

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.

Smart Parking COGS-to-Revenue Related Terms

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

Smart Parking (ASX:SPZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Smart Parking Ltd (ASX:SPZ) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 Dundas Place, Albert Park, VIC, AUS, 3206

Website

https://www.smartparking.com

Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments. The Technology segment consists of the sale of Smart City and IoT technology products and solutions predominantly to the parking market globally; the Parking Management segment, which is the key revenue driver, consists of the provision of car parking management services on behalf of third party car park owners and on sites leased by the company and managed on its own behalf in the UK; and Research and Development segment includes costs to research, develop and enhance software/hardware for both the Technology and Parking Management divisions. Geographically, it has a presence in North America; UK and Europe; Asia, and Australia.

Smart Parking (ASX:SPZ) Headlines

No Headlines