Algoma Central (TSX:ALC) COGS-to-Revenue : 0.16 (As of Mar. 2024)

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What is Algoma Central COGS-to-Revenue?

Algoma Central's Cost of Goods Sold for the three months ended in Mar. 2024 was C$17.1 Mil. Its Revenue for the three months ended in Mar. 2024 was C$109.2 Mil.

Algoma Central's COGS to Revenue for the three months ended in Mar. 2024 was 0.16.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Algoma Central's Gross Margin % for the three months ended in Mar. 2024 was 84.32%.

Algoma Central COGS-to-Revenue Historical Data

The historical data trend for Algoma Central'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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Algoma Central COGS-to-Revenue Chart

Algoma Central Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.12

0.14

0.11

0.10

0.09

Algoma Central Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.14	0.08	0.08	0.09	0.16

Algoma Central COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	66.049	/	721.22
	=	0.09

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	17.128	/	109.214
	=	0.16

Algoma Central (TSX:ALC) COGS-to-Revenue Explanation

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

Algoma Central'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	-	17.128 / 109.214
	=	84.32 %

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.

Algoma Central COGS-to-Revenue Related Terms

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Algoma Central (TSX:ALC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Algoma Central Corp (TSX:ALC) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

AGMJF:USA ACH:Germany

Address

63 Church Street, Suite 600, St. Catharines, ON, CAN, L2R 3C4

Website

https://www.algonet.com

Algoma Central Corp owns and operates a fleet of dry and liquid bulk carriers operating on the Great Lakes, St. Lawrence Waterway. The company's Canadian flag fleet consists of self-unloading dry-bulk carriers, gearless dry-bulk carriers, and product tankers. The company operates its business through six segments that are Domestic Dry-Bulk, Product Tankers, Ocean Self-Unloaders, Corporate, Investment Properties, and Global Short Sea Shipping. The company earns revenues from marine operations through contracts of affreightment, time charters, and pool revenue.

Executives

Mats Henrik Berglund

Director