Harmony Gold Mining Co (Harmony Gold Mining Co) COGS-to-Revenue

: 0.73 (As of Dec. 2023)

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Harmony Gold Mining Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,223 Mil. Its Revenue for the six months ended in Dec. 2023 was $1,686 Mil.

Harmony Gold Mining Co's COGS to Revenue for the six months ended in Dec. 2023 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Harmony Gold Mining Co's Gross Margin % for the six months ended in Dec. 2023 was 27.45%.

Harmony Gold Mining Co COGS-to-Revenue Historical Data

The historical data trend for Harmony Gold Mining 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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Harmony Gold Mining Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

1.07

0.89

0.85

0.98

0.80

Harmony Gold Mining Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue																0.88	1.10	0.87	0.74	0.73

Harmony Gold Mining Co COGS-to-Revenue Calculation

Harmony Gold Mining Co's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2109.118	/	2628.729
	=	0.80

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1223.273	/	1686.005
	=	0.73

Harmony Gold Mining Co (NYSE:HMY) COGS-to-Revenue Explanation

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

Harmony Gold Mining 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	-	1223.273 / 1686.005
	=	27.45 %

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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Harmony Gold Mining Co (Harmony Gold Mining Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Harmony Gold Mining Co Ltd (NYSE:HMY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

HAR:South Africa HGMCF:USA HAM1:Germany HAM:Germany HAM1:Germany HAM:Germany HMY:Argentina

Address

Corner Main Reef Road and Ward Avenue, Randfontein Office Park, Randfontein, ZAF, 1759

Website

https://www.harmony.co.za

Harmony Gold Mining Co Ltd is a gold mining and exploration company having operations in South Africa and Papua New Guinea (PNG). Its projects include Bambanani, Joel, Masimong, Phakisa, Target 1, Tshepong, Unisel, Doornkop, and Kusasalethu. The group's segments are Tshepong Operations, Bambanani, Joel, Doornkop, Moab Khotsong, Hidden Valley, Target 1, Kusasalethu, Masimong, Unisel, and all other surface operations.