Eldorado Gold (Eldorado Gold) COGS-to-Revenue

: 0.69 (As of Dec. 2023)

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Eldorado Gold's Cost of Goods Sold for the three months ended in Dec. 2023 was $206 Mil. Its Revenue for the three months ended in Dec. 2023 was $301 Mil.

Eldorado Gold's COGS to Revenue for the three months ended in Dec. 2023 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Eldorado Gold's Gross Margin % for the three months ended in Dec. 2023 was 31.42%.

Eldorado Gold COGS-to-Revenue Historical Data

The historical data trend for Eldorado Gold'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.

Eldorado Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.79

0.65

0.69

0.80

0.73

Eldorado Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue																0.79	0.75	0.77	0.73	0.69

Eldorado Gold COGS-to-Revenue Calculation

Eldorado Gold's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	740.034	/	1010.099
	=	0.73

Eldorado Gold's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	206.437	/	300.998
	=	0.69

Eldorado Gold (NYSE:EGO) COGS-to-Revenue Explanation

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

Eldorado Gold's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	206.437 / 300.998
	=	31.42 %

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.

Eldorado Gold COGS-to-Revenue Related Terms

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Eldorado Gold (Eldorado Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eldorado Gold Corp (NYSE:EGO) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ELO1:Germany ELD:Canada

Address

550 Burrard Street, Suite 1188, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.eldoradogold.com

Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, Greece and Romania. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects.