The Hash (XCNQ:REZN) COGS-to-Revenue : 0.61 (As of Dec. 2023)

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What is The Hash COGS-to-Revenue?

The Hash's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.07 Mil. Its Revenue for the three months ended in Dec. 2023 was C$0.11 Mil.

The Hash's COGS to Revenue for the three months ended in Dec. 2023 was 0.61.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. The Hash's Gross Margin % for the three months ended in Dec. 2023 was 39.25%.

The Hash COGS-to-Revenue Historical Data

The historical data trend for The Hash'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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The Hash COGS-to-Revenue Chart

The Hash Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.67

0.53

0.43

The Hash Quarterly Data
	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														0.33	0.32	0.36	0.50	0.61

The Hash COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.236	/	0.554
	=	0.43

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.065	/	0.107
	=	0.61

The Hash (XCNQ:REZN) COGS-to-Revenue Explanation

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

The Hash'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	-	0.065 / 0.107
	=	39.25 %

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.

The Hash COGS-to-Revenue Related Terms

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The Hash (XCNQ:REZN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » The Hash Corp (XCNQ:REZN) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

REZNF:USA

Address

1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9

Website

https://www.thehashcorporation.com

The Hash Corp is engaged in the production and sale of cannabis-based hashish and other cannabis products. It applies its separation and curing techniques to produce a suite of high-quality cannabis resin products, which are all-natural and free of additive and carcinogenic solvents.

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