Solid State (LSE:SOLI) COGS-to-Revenue : 0.69 (As of Sep. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Solid State COGS-to-Revenue?

Solid State's Cost of Goods Sold for the six months ended in Sep. 2023 was £60.8 Mil. Its Revenue for the six months ended in Sep. 2023 was £88.1 Mil.

Solid State's COGS to Revenue for the six months ended in Sep. 2023 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Solid State's Gross Margin % for the six months ended in Sep. 2023 was 30.97%.

Solid State COGS-to-Revenue Historical Data

The historical data trend for Solid State'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.

Solid State COGS-to-Revenue Chart

Solid State Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

Get a 7-Day Free Trial

0.71

0.69

0.70

0.68

0.69

Solid State Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.67	0.68	0.68	0.69	0.69

Solid State COGS-to-Revenue Calculation

Solid State's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	86.829	/	126.503
	=	0.69

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	60.83	/	88.125
	=	0.69

Solid State (LSE:SOLI) COGS-to-Revenue Explanation

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

Solid State's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	60.83 / 88.125
	=	30.97 %

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.

Solid State COGS-to-Revenue Related Terms

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

Solid State (LSE:SOLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solid State PLC (LSE:SOLI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hedera Road, 2 Ravensbank Business Park, Redditch, Worcestershire, GBR, B98 9EY

Website

https://www.solidstateplc.com

Solid State PLC is engaged in manufacturing as well as the distribution of electronic components and materials. The company's operating segment includes divisions which are Components and Systems. It generates maximum revenue from the Components division segment. Geographically, it derives the majority of its revenue from the United Kingdom and has a presence in the Rest of Europe, Asia, North America, and the Rest of the World. It generates revenue from products such as Computing, Communications, Power and Optoelectronics, and electronic components and modules.