Stornoway Diamond (Stornoway Diamond) COGS-to-Revenue : 0.41 (As of Jun. 2019)

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What is Stornoway Diamond COGS-to-Revenue?

Stornoway Diamond's Cost of Goods Sold for the three months ended in Jun. 2019 was $58.2 Mil. Its Revenue for the three months ended in Jun. 2019 was $142.5 Mil.

Stornoway Diamond's COGS to Revenue for the three months ended in Jun. 2019 was 0.41.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Stornoway Diamond's Gross Margin % for the three months ended in Jun. 2019 was 59.19%.

Stornoway Diamond COGS-to-Revenue Historical Data

The historical data trend for Stornoway Diamond'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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Stornoway Diamond COGS-to-Revenue Chart

Stornoway Diamond Annual Data

Trend

Apr09

Apr10

Apr11

Apr12

Apr13

Apr14

Apr15

Dec16

Dec17

Dec18

COGS-to-Revenue

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0.76

1.37

Stornoway Diamond Quarterly Data
	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
COGS-to-Revenue	Get a 7-Day Free Trial															1.32	1.87	2.32	1.46	0.41

Stornoway Diamond COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	169.056	/	123.167
	=	1.37

Stornoway Diamond's COGS to Revenue for the quarter that ended in Jun. 2019 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	58.168	/	142.547
	=	0.41

Stornoway Diamond (OTCPK:SWYDF) COGS-to-Revenue Explanation

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

Stornoway Diamond's Gross Margin % for the three months ended in Jun. 2019 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	58.168 / 142.547
	=	59.19 %

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.

Stornoway Diamond COGS-to-Revenue Related Terms

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Stornoway Diamond (Stornoway Diamond) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Stornoway Diamond Corp (OTCPK:SWYDF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4

Website

http://www.stornowaydiamonds.com

Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.

Stornoway Diamond (Stornoway Diamond) Headlines

From GuruFocus

Stornoway Granted Approval and Vesting Order

By GlobeNewswire GlobeNewswire • 10-07-2019

Stornoway Announces the Departure of Patrick Godin and Annie Torkia Lagacé, as Well as the Appointment of Patrick Sévigny as the Corporation's Chief Operating Officer

By GlobeNewswire GlobeNewswire • 06-25-2020

Stornoway Announces Recommencement of Renard Mine Operations

By GlobeNewswire GlobeNewswire • 07-04-2018

Stornoway Diamond's 2016 Financial Report Reaffirms Its Position in the Industry

By Lovisa Alvin Lovisa Alvin • 02-27-2017

Stornoway Receives Notice of Delisting Review by TSX

By GlobeNewswire GlobeNewswire • 08-22-2019

Stornoway Announces Board Appointment

By GlobeNewswire GlobeNewswire • 06-13-2018