Victoria Gold (TSX:VGCX) COGS-to-Revenue : 0.89 (As of Mar. 2024)

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What is Victoria Gold COGS-to-Revenue?

Victoria Gold's Cost of Goods Sold for the three months ended in Mar. 2024 was C$74.0 Mil. Its Revenue for the three months ended in Mar. 2024 was C$83.0 Mil.

Victoria Gold's COGS to Revenue for the three months ended in Mar. 2024 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Victoria Gold's Gross Margin % for the three months ended in Mar. 2024 was 10.82%.

Victoria Gold COGS-to-Revenue Historical Data

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

Victoria Gold Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.57

0.58

0.73

0.81

Victoria Gold Quarterly Data
	May19	Aug19	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															0.78	0.79	0.81	0.85	0.89

Victoria Gold COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	336.644	/	416.902
	=	0.81

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	74.005	/	82.982
	=	0.89

Victoria Gold (TSX:VGCX) COGS-to-Revenue Explanation

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

Victoria Gold'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	-	74.005 / 82.982
	=	10.82 %

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.

Victoria Gold COGS-to-Revenue Related Terms

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Victoria Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Victoria Gold Corp (TSX:VGCX) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

VITFF:USA VI9A:Germany

Address

80 Richmond Street West, Suite 204, Toronto, ON, CAN, M5H 2A4

Website

https://www.vgcx.com

Victoria Gold Corp is engaged in the acquisition, evaluation, and exploration of mineral properties. Its mining project includes The Eagle Gold Mine Project in Yukon Canada. Eagle is an open pit, heap leach operation located approximately 375 kilometers north of the capital city of Whitehorse.

Executives

John Charles Mcconnell	Director, Senior Officer
Ria Fitzgerald	Director
Steven Charles Haggarty	Director
Adam Melnyk	Senior Officer
Mark Ayranto	Senior Officer
T. Sean Harvey	Director
Paul Dunstan Gray	Senior Officer
Marty Rendall	Senior Officer
Kimberly Keating	Director
Christopher Thomas Hill	Director
Michael D. Mcinnis	Director
David Kenneth Rouleau	Senior Officer
Stephen Victor Scott	Director
Orion Mine Finance Management Ii Limited	10% Security Holder
Joseph J. Ovsenek	Director

Victoria Gold Headlines

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