Whitemud Resources (TSXV:WMK) COGS-to-Revenue : 0.77 (As of Mar. 2024)

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What is Whitemud Resources COGS-to-Revenue?

Whitemud Resources's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.02 Mil. Its Revenue for the three months ended in Mar. 2024 was C$0.03 Mil.

Whitemud Resources's COGS to Revenue for the three months ended in Mar. 2024 was 0.77.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Whitemud Resources's Gross Margin % for the three months ended in Mar. 2024 was 23.08%.

Whitemud Resources COGS-to-Revenue Historical Data

The historical data trend for Whitemud 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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Whitemud Resources COGS-to-Revenue Chart

Whitemud Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.04

0.01

0.02

0.34

1.24

Whitemud Resources 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															0.80	0.45	3.50	2.80	0.77

Whitemud Resources COGS-to-Revenue Calculation

Whitemud 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
	=	0.046	/	0.037
	=	1.24

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.02	/	0.026
	=	0.77

Whitemud Resources (TSXV:WMK) COGS-to-Revenue Explanation

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

Whitemud Resources'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	-	0.02 / 0.026
	=	23.08 %

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.

Whitemud Resources COGS-to-Revenue Related Terms

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Whitemud Resources (TSXV:WMK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Whitemud Resources Inc (TSXV:WMK) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

205 - 5th Avenue SW, Suite 3900, Bow Valley Square 2, Calgary, AB, CAN, T2P 2V7

Website

https://www.whitemudresources.com

Whitemud Resources Inc operates in two segments, namely Metakaolin, which includes mining, processing, and marketing kaolin and metakaolin; and Commodities, which manages and marketing commodities. The majority of its revenue comes from the commodities segment.

Executives

Stanley Alex Owerko

Director, Director or Senior Officer of 10% Security Holder, Senior Officer