Grange Resources (Grange Resources) COGS-to-Revenue : 0.55 (As of Dec. 2023)

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What is Grange Resources COGS-to-Revenue?

Grange Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was $122.8 Mil. Its Revenue for the six months ended in Dec. 2023 was $225.1 Mil.

Grange Resources's COGS to Revenue for the six months ended in Dec. 2023 was 0.55.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Grange Resources's Gross Margin % for the six months ended in Dec. 2023 was 45.46%.

Grange Resources COGS-to-Revenue Historical Data

The historical data trend for Grange Resources'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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Grange Resources COGS-to-Revenue Chart

Grange Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.72

0.55

0.41

0.52

0.55

Grange Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.48	0.43	0.64	0.56	0.55

Grange Resources COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	227.052	/	411.475
	=	0.55

Grange Resources's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	122.783	/	225.142
	=	0.55

Grange Resources (OTCPK:GRRLF) COGS-to-Revenue Explanation

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

Grange Resources's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	122.783 / 225.142
	=	45.46 %

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.

Grange Resources COGS-to-Revenue Related Terms

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Grange Resources (Grange Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grange Resources Ltd (OTCPK:GRRLF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GRR:Germany GRR:Australia

Address

34A Alexander Street, Burnie, TAS, AUS, 7320

Website

https://www.grangeresources.com.au

Grange Resources Ltd is engaged in the exploration, evaluation, and development of mineral resources and iron ore mining operations. Its projects include the Southdown Magnetite and associated Pellet Plant Projects. The Group has two reportable segments: Exploration, evaluation, and development of mineral resources and iron ore mining operations; and Development and construction of housing units.

Grange Resources (Grange Resources) Headlines

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