Sollensys (Sollensys) COGS-to-Revenue : 0.00 (As of Dec. 2022)

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What is Sollensys COGS-to-Revenue?

Sollensys's Cost of Goods Sold for the three months ended in Dec. 2022 was $-0.14 Mil. Its Revenue for the three months ended in Dec. 2022 was $-0.55 Mil.

Sollensys's COGS to Revenue for the three months ended in Dec. 2022 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sollensys's Gross Margin % for the three months ended in Dec. 2022 was %.

Sollensys COGS-to-Revenue Historical Data

The historical data trend for Sollensys'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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Sollensys COGS-to-Revenue Chart

Sollensys Annual Data

Trend

Mar12

Mar19

Mar20

Dec21

Dec22

COGS-to-Revenue

1.87

2.49

Sollensys Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
COGS-to-Revenue	Get a 7-Day Free Trial															4.78	0.89	0.35	1.86	-

Sollensys COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.857	/	0.344
	=	2.49

Sollensys's COGS to Revenue for the quarter that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	-0.141	/	-0.546
	=

Sollensys (OTCPK:SOLS) COGS-to-Revenue Explanation

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

Sollensys's Gross Margin % for the three months ended in Dec. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	-0.141 / -0.546
	=	%

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.

Sollensys COGS-to-Revenue Related Terms

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Sollensys (Sollensys) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sollensys Corp (OTCPK:SOLS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1470 Treeland Boulevard Southeast, Palm Bay, FL, USA, 32909

Website

https://www.sollensys.com

Sollensys Corp manufactures the blockchain archive server that maintains a redundant, immutable backup of data. Its blockchain archive server protects client data from ransomware malicious software that infects computers and displays messages.