Kornit Digital (Kornit Digital) COGS-to-Revenue : 0.68 (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Kornit Digital COGS-to-Revenue?

Kornit Digital's Cost of Goods Sold for the three months ended in Mar. 2024 was $29.6 Mil. Its Revenue for the three months ended in Mar. 2024 was $43.8 Mil.

Kornit Digital's COGS to Revenue for the three months ended in Mar. 2024 was 0.68.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kornit Digital's Gross Margin % for the three months ended in Mar. 2024 was 32.30%.

Kornit Digital COGS-to-Revenue Historical Data

The historical data trend for Kornit 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.

* Premium members only.

Kornit Digital COGS-to-Revenue Chart

Kornit Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.54

0.55

0.53

0.64

0.70

Kornit Digital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.73	0.67	0.65	0.74	0.68

Kornit Digital COGS-to-Revenue Calculation

Kornit 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
	=	152.829	/	219.786
	=	0.70

Kornit Digital's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	29.637	/	43.776
	=	0.68

Kornit Digital (NAS:KRNT) COGS-to-Revenue Explanation

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

Kornit Digital's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	29.637 / 43.776
	=	32.30 %

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.

Kornit Digital COGS-to-Revenue Related Terms

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

Kornit Digital (Kornit Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kornit Digital Ltd (NAS:KRNT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

KRNT:Mexico 0KD:Germany

Address

12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246

Website

https://www.kornit.com

Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.