Nevada Gold & Casinos (Nevada Gold & Casinos) COGS-to-Revenue : 0.53 (As of Jan. 2019)

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What is Nevada Gold & Casinos COGS-to-Revenue?

Nevada Gold & Casinos's Cost of Goods Sold for the three months ended in Jan. 2019 was $7.75 Mil. Its Revenue for the three months ended in Jan. 2019 was $14.56 Mil.

Nevada Gold & Casinos's COGS to Revenue for the three months ended in Jan. 2019 was 0.53.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Nevada Gold & Casinos's Gross Margin % for the three months ended in Jan. 2019 was 46.82%.

Nevada Gold & Casinos COGS-to-Revenue Historical Data

The historical data trend for Nevada Gold & Casinos'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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Nevada Gold & Casinos COGS-to-Revenue Chart

Nevada Gold & Casinos Annual Data

Trend

Apr09

Apr10

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

COGS-to-Revenue

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0.59

0.58

0.56

0.58

Nevada Gold & Casinos Quarterly Data
	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19
COGS-to-Revenue	Get a 7-Day Free Trial															0.58	0.58	0.57	0.52	0.53

Nevada Gold & Casinos COGS-to-Revenue Calculation

Nevada Gold & Casinos's COGS to Revenue for the fiscal year that ended in Apr. 2018 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	43.485	/	74.553
	=	0.58

Nevada Gold & Casinos's COGS to Revenue for the quarter that ended in Jan. 2019 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.745	/	14.564
	=	0.53

Nevada Gold & Casinos (AMEX:UWN) COGS-to-Revenue Explanation

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

Nevada Gold & Casinos's Gross Margin % for the three months ended in Jan. 2019 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	7.745 / 14.564
	=	46.82 %

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.

Nevada Gold & Casinos COGS-to-Revenue Related Terms

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Nevada Gold & Casinos (Nevada Gold & Casinos) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Nevada Gold & Casinos Inc (AMEX:UWN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

133 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119

Website

http://www.nevadagold.com

Nevada Gold & Casinos Inc is a gaming company involved in financing, developing, owning and operating gaming properties and projects. It operates with Washington, South Dakota, Nevada and Corporate segments. The Washington Gold segment consists of the Washington mini-casinos. The South Dakota Gold segment includes slot route operation in South Dakota. The Nevada segment consists of club fortune casino and corporate segment includes the vacant land in Colorado and its taxes and maintenance expenses. The firm has approximately 540 slot machines, seven table games and a poker room, two bars, an entertainment lounge, a William Hill sports book, a cafe, a snack bar, and a gift shop. Nevada derives the majority of revenue from casino operation and rests from others.

Executives

Michael P Shaunnessy	officer: President/CEO	50 BRIAR HOLLOW LANE, STE 500W, HOUSTON TX 77027
James Meier	officer: CFO	4670 SOUTH FORT APACHE ROAD, SUITE 190, LAS VEGAS NV 89147
Wayne H White	director
Wynnefield Partners Small Cap Value Lp	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus	10 percent owner
Wynnefield Capital Management Llc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes	10 percent owner
Wynnefield Capital, Inc. Profit Sharing Plan	10 percent owner	450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Inc	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd	10 percent owner	450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Channel Partnership Ii L P	10 percent owner	450 SEVENTH AVENUE SUITE 509, NEW YORK NY 10123