Snap One Holdings (STU:8W1) COGS-to-Revenue : 0.56 (As of Mar. 2024)

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What is Snap One Holdings COGS-to-Revenue?

Snap One Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was €126.6 Mil. Its Revenue for the three months ended in Mar. 2024 was €226.4 Mil.

Snap One Holdings's COGS to Revenue for the three months ended in Mar. 2024 was 0.56.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Snap One Holdings's Gross Margin % for the three months ended in Mar. 2024 was 44.08%.

Snap One Holdings COGS-to-Revenue Historical Data

The historical data trend for Snap One Holdings'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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Snap One Holdings COGS-to-Revenue Chart

Snap One Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.60

0.58

0.60

0.61

0.58

Snap One Holdings Quarterly Data
	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													0.58	0.57	0.58	0.58	0.56

Snap One Holdings COGS-to-Revenue Calculation

Snap One Holdings's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	562.727	/	972.918
	=	0.58

Snap One Holdings's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	126.602	/	226.392
	=	0.56

Snap One Holdings (STU:8W1) COGS-to-Revenue Explanation

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

Snap One Holdings'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	-	126.602 / 226.392
	=	44.08 %

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.

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Snap One Holdings (STU:8W1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Snap One Holdings Corp (STU:8W1) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

SNPO:USA

Address

1800 Continental Boulevard, Suite 200, Charlotte, NC, USA, 28273

Website

https://www.snapone.com

Snap One Holdings Corp provides products, services, and software to its network of professional integrators that enable them to deliver smart living experiences for their residential and business end users. The Company's hardware and software portfolio includes proprietary and third-party offerings across connected, infrastructure, and entertainment categories. Additionally, the Company provides value-added services and workflow solutions to support integrators throughout the project lifecycle, enhancing their operations.

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