X3 Holdings Co (X3 Holdings Co) COGS-to-Revenue : 0.85 (As of Dec. 2023)

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What is X3 Holdings Co COGS-to-Revenue?

X3 Holdings Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $8.67 Mil. Its Revenue for the six months ended in Dec. 2023 was $10.24 Mil.

X3 Holdings Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.85.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. X3 Holdings Co's Gross Margin % for the six months ended in Dec. 2023 was 15.38%.

X3 Holdings Co COGS-to-Revenue Historical Data

The historical data trend for X3 Holdings Co'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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X3 Holdings Co COGS-to-Revenue Chart

X3 Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.70

0.65

0.67

0.64

0.80

X3 Holdings Co Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial										0.65	0.79	0.34	0.72	0.85

X3 Holdings Co COGS-to-Revenue Calculation

X3 Holdings Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	13.405	/	16.825
	=	0.80

X3 Holdings Co's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8.665	/	10.24
	=	0.85

X3 Holdings Co (NAS:XTKG) COGS-to-Revenue Explanation

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

X3 Holdings Co's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	8.665 / 10.24
	=	15.38 %

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.

X3 Holdings Co COGS-to-Revenue Related Terms

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X3 Holdings Co (X3 Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » X3 Holdings Co Ltd (NAS:XTKG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Advanced Business Park, 29 Lanwan Lane, 9th Floor, Building C2, Hightech District, Guangdong Province, Zhuhai, CHN, 519080

Website

https://www.powerbridge.com

Powerbridge Technologies Co Ltd provides a software application, technology solutions, and services to corporate and government customers. The company offers services such as Powerbridge System Solutions, Powerbridge SaaS Services, Powerbridge BaaS Services, and others. It generates its revenue in the form of application development services, consulting and technical support services, and subscription services. All of its revenues are generated from the People's Republic of China.