BTC Digital (BTC Digital) COGS-to-Revenue : 1.57 (As of Dec. 2023)

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What is BTC Digital COGS-to-Revenue?

BTC Digital's Cost of Goods Sold for the six months ended in Dec. 2023 was $2.81 Mil. Its Revenue for the six months ended in Dec. 2023 was $1.79 Mil.

BTC Digital's COGS to Revenue for the six months ended in Dec. 2023 was 1.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. BTC Digital's Gross Margin % for the six months ended in Dec. 2023 was -57.29%.

BTC Digital COGS-to-Revenue Historical Data

The historical data trend for BTC Digital'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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BTC Digital COGS-to-Revenue Chart

BTC Digital Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.52

0.85

1.13

BTC Digital Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial							-	1.13	0.81	1.02	1.57

BTC Digital COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	10.208	/	9.073
	=	1.13

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.814	/	1.789
	=	1.57

BTC Digital (NAS:BTCT) COGS-to-Revenue Explanation

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

BTC Digital'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	-	2.814 / 1.789
	=	-57.29 %

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.

BTC Digital COGS-to-Revenue Related Terms

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BTC Digital (BTC Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » BTC Digital Ltd (NAS:BTCT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

2nd Shenyun West Road, 3rd Floor, Tower A, Tagen Knowledge & Innovation Center, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

https://www.meten.com

BTC Digital Ltd Formerly Meten Holding Group Ltd provides English language and future skills training to Chinese students and professionals through a digital platform and network of learning centers. It offers adult and junior ELT services under the Meten brand name, junior ELT services under the ABC brand name, and online ELT services under the Likeshuo brand name. Its operating segments are General adult English training, Overseas training services, Online English training, and Junior English training. Geographically, the company operates in the People's Republic of China.