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Gold Flora (Gold Flora) COGS-to-Revenue : 0.69 (As of Mar. 2024)


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What is Gold Flora COGS-to-Revenue?

Gold Flora's Cost of Goods Sold for the three months ended in Mar. 2024 was $22.12 Mil. Its Revenue for the three months ended in Mar. 2024 was $32.15 Mil.

Gold Flora's COGS to Revenue for the three months ended in Mar. 2024 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Gold Flora's Gross Margin % for the three months ended in Mar. 2024 was 31.19%.

Gold Flora COGS-to-Revenue Historical Data

The historical data trend for Gold Flora'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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Gold Flora COGS-to-Revenue Chart

Gold Flora Annual Data
Trend Dec22 Dec23
COGS-to-Revenue
0.76 0.64

Gold Flora Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
COGS-to-Revenue Get a 7-Day Free Trial 0.74 0.74 0.65 0.54 0.69

Gold Flora COGS-to-Revenue Calculation

Gold Flora's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=58.49 / 90.964
=0.64

Gold Flora's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=22.124 / 32.153
=0.69

* 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.

Gold Flora  (OTCPK:GRAMW) COGS-to-Revenue Explanation

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

Gold Flora's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 22.124 / 32.153
=31.19 %

* 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.

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.

Gold Flora COGS-to-Revenue Related Terms

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Gold Flora (Gold Flora) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Gold Flora Corp (OTCPK:GRAMW) » Definitions » COGS-to-Revenue
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GRAM:USA GRAM:Canada
Address
3165 Red Hill Avenue, Costa Mesa, CA, USA, 92626
Website
https://www.goldflora.com
Gold Flora Corp is one of the few cannabis brands that is vertically integrated and woman-owned and operated. Gold Flora started with a mission to provide an easy and consistent way for consumers to enjoy cannabis. After years of hard work and a shared passion for the plant, Gold Flora has become a California powerhouse - with cultivation, manufacturing, extraction, distribution, retail and a portfolio of brands that create an array of superior products that make a difference in people's lives. Its products include disposable vape pens and gold flora flowers.

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