Goldcorp (Goldcorp) COGS-to-Revenue : 0.92 (As of Dec. 2018)

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What is Goldcorp COGS-to-Revenue?

Goldcorp's Cost of Goods Sold for the three months ended in Dec. 2018 was $713 Mil. Its Revenue for the three months ended in Dec. 2018 was $772 Mil.

Goldcorp's COGS to Revenue for the three months ended in Dec. 2018 was 0.92.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Goldcorp's Gross Margin % for the three months ended in Dec. 2018 was 7.64%.

Goldcorp COGS-to-Revenue Historical Data

The historical data trend for Goldcorp'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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Goldcorp COGS-to-Revenue Chart

Goldcorp Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

COGS-to-Revenue

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0.82

0.93

0.88

0.84

0.92

Goldcorp Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
COGS-to-Revenue	Get a 7-Day Free Trial															0.83	0.85	0.88	1.05	0.92

Goldcorp COGS-to-Revenue Calculation

Goldcorp's COGS to Revenue for the fiscal year that ended in Dec. 2018 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2777	/	3032
	=	0.92

Goldcorp's COGS to Revenue for the quarter that ended in Dec. 2018 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	713	/	772
	=	0.92

Goldcorp (NYSE:GG) COGS-to-Revenue Explanation

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

Goldcorp's Gross Margin % for the three months ended in Dec. 2018 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	713 / 772
	=	7.64 %

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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Goldcorp (Goldcorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Goldcorp Inc (NYSE:GG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 3400, Park Place, Vancouver, BC, CAN, V6C 2X8

Website

http://www.goldcorp.com

Goldcorp is a senior gold mining company with operations in Canada, the United States, Mexico, and Latin America. It produced roughly 2.3 million ounces of gold in 2018. Goldcorp has historically focused on stable mining jurisdictions in North and South America while targeting rapid production growth through internal development and acquisitions. As of Dec. 31, 2018, Goldcorp had 52.8 million ounces of proven and probable gold reserves.