Sociedad Quimica Y Minera De Chile (Sociedad Quimica Y Minera De Chile) COGS-to-Revenue : 0.69 (As of Dec. 2023)

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What is Sociedad Quimica Y Minera De Chile COGS-to-Revenue?

Sociedad Quimica Y Minera De Chile's Cost of Goods Sold for the three months ended in Dec. 2023 was $911 Mil. Its Revenue for the three months ended in Dec. 2023 was $1,312 Mil.

Sociedad Quimica Y Minera De Chile'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. Sociedad Quimica Y Minera De Chile's Gross Margin % for the three months ended in Dec. 2023 was 30.55%.

Sociedad Quimica Y Minera De Chile COGS-to-Revenue Historical Data

The historical data trend for Sociedad Quimica Y Minera De Chile'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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Sociedad Quimica Y Minera De Chile COGS-to-Revenue Chart

Sociedad Quimica Y Minera De Chile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.71

0.73

0.62

0.46

0.59

Sociedad Quimica Y Minera De Chile 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	Get a 7-Day Free Trial															0.48	0.53	0.58	0.59	0.69

Sociedad Quimica Y Minera De Chile COGS-to-Revenue Calculation

Sociedad Quimica Y Minera De Chile's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4392.436	/	7467.49
	=	0.59

Sociedad Quimica Y Minera De Chile's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	910.912	/	1311.639
	=	0.69

Sociedad Quimica Y Minera De Chile (NYSE:SQM) COGS-to-Revenue Explanation

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

Sociedad Quimica Y Minera De Chile'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	-	910.912 / 1311.639
	=	30.55 %

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.

Sociedad Quimica Y Minera De Chile COGS-to-Revenue Related Terms

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Sociedad Quimica Y Minera De Chile (Sociedad Quimica Y Minera De Chile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sociedad Quimica Y Minera De Chile SA (NYSE:SQM) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

QYM:Germany QYM:Germany SQM-B:Chile SQM-A:Chile

Address

El Trovador 4285, 6th Floor, Las Condes, Santiago, CHL

Website

https://www.sqm.com

Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is also developing a hard rock lithium project in Australia and is growing its lithium refining assets in China.

Executives

Sailingstone Capital Partners Llc	10 percent owner	100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Sailingstone Holdings Llc	10 percent owner	1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111
Mackenzie B Davis	10 percent owner	1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 941111
Settles Kenneth L Jr	10 percent owner	1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111