NuGen Medical Devices (TSXV:NGMD) COGS-to-Revenue : 0.45 (As of Mar. 2024)

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What is NuGen Medical Devices COGS-to-Revenue?

NuGen Medical Devices's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.02 Mil. Its Revenue for the three months ended in Mar. 2024 was C$0.05 Mil.

NuGen Medical Devices's COGS to Revenue for the three months ended in Mar. 2024 was 0.45.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. NuGen Medical Devices's Gross Margin % for the three months ended in Mar. 2024 was 55.32%.

NuGen Medical Devices COGS-to-Revenue Historical Data

The historical data trend for NuGen Medical Devices'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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NuGen Medical Devices COGS-to-Revenue Chart

NuGen Medical Devices Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.28

0.33

0.35

0.50

NuGen Medical Devices Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial									0.77	0.29	0.37	0.63	0.45

NuGen Medical Devices COGS-to-Revenue Calculation

NuGen Medical Devices's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.166	/	0.331
	=	0.50

NuGen Medical Devices's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.021	/	0.047
	=	0.45

NuGen Medical Devices (TSXV:NGMD) COGS-to-Revenue Explanation

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

NuGen Medical Devices'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	-	0.021 / 0.047
	=	55.32 %

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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NuGen Medical Devices (TSXV:NGMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » NuGen Medical Devices Inc (TSXV:NGMD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

NGMDF:USA 79O:Germany

Address

18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4

Website

https://www.nugenmd.com

NuGen Medical Devices Inc is a medical device manufacturing company specializing in the field of needleless injections and related technologies. The reportable segment of the company is the manufacturing of needless injector devices. Geographically the company generates revenue from Asia, Europe and others.

Executives

Richard Buzbuzian

Director, Senior Officer

NuGen Medical Devices (TSXV:NGMD) Headlines

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