Vitreous Glass (Vitreous Glass) COGS-to-Revenue : 0.50 (As of Dec. 2023)

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What is Vitreous Glass COGS-to-Revenue?

Vitreous Glass's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.88 Mil. Its Revenue for the three months ended in Dec. 2023 was $1.75 Mil.

Vitreous Glass's COGS to Revenue for the three months ended in Dec. 2023 was 0.50.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vitreous Glass's Gross Margin % for the three months ended in Dec. 2023 was 49.89%.

Vitreous Glass COGS-to-Revenue Historical Data

The historical data trend for Vitreous Glass'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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Vitreous Glass COGS-to-Revenue Chart

Vitreous Glass Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

COGS-to-Revenue

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0.58

0.51

0.48

0.54

0.50

Vitreous Glass Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.52	0.47	0.48	0.53	0.50

Vitreous Glass COGS-to-Revenue Calculation

Vitreous Glass's COGS to Revenue for the fiscal year that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.784	/	7.532
	=	0.50

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.875	/	1.746
	=	0.50

Vitreous Glass (OTCPK:VCIGF) COGS-to-Revenue Explanation

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

Vitreous Glass's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.875 / 1.746
	=	49.89 %

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.

Vitreous Glass COGS-to-Revenue Related Terms

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Vitreous Glass (Vitreous Glass) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Vitreous Glass Inc (OTCPK:VCIGF) » Definitions » COGS-to-Revenue

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VCI:Canada

Address

212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5

Website

https://www.vitreousglass.ca

Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass to sand and then this sand is sold to fiberglass insulation manufacturers as furnace ready cullet for use in their production facilities. Its sole source of revenue is generated by providing crushed glass to its customers.

Vitreous Glass (Vitreous Glass) Headlines

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