Veris Gold (Veris Gold) COGS-to-Revenue : 0.85 (As of Sep. 2014)

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What is Veris Gold COGS-to-Revenue?

Veris Gold's Cost of Goods Sold for the three months ended in Sep. 2014 was $48.5 Mil. Its Revenue for the three months ended in Sep. 2014 was $57.3 Mil.

Veris Gold's COGS to Revenue for the three months ended in Sep. 2014 was 0.85.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Veris Gold's Gross Margin % for the three months ended in Sep. 2014 was 15.30%.

Veris Gold COGS-to-Revenue Historical Data

The historical data trend for Veris 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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Veris Gold COGS-to-Revenue Chart

Veris Gold Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

COGS-to-Revenue

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2.63

1.16

1.25

0.84

0.92

Veris Gold Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
COGS-to-Revenue	Get a 7-Day Free Trial															0.81	1.02	0.99	0.92	0.85

Veris Gold COGS-to-Revenue Calculation

Veris Gold's COGS to Revenue for the fiscal year that ended in Dec. 2013 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	180.885	/	195.979
	=	0.92

Veris Gold's COGS to Revenue for the quarter that ended in Sep. 2014 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	48.491	/	57.252
	=	0.85

Veris Gold (OTCPK:YNGFF) COGS-to-Revenue Explanation

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

Veris Gold's Gross Margin % for the three months ended in Sep. 2014 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	48.491 / 57.252
	=	15.30 %

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.

Veris Gold COGS-to-Revenue Related Terms

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Veris Gold (Veris Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Veris Gold Corp (OTCPK:YNGFF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

688 West Hastings Street, Suite 900, Vancouver, BC, CAN, V6B 1P1

Website

http://www.verisgold.com

Veris Gold Corp is a Canadian based company engaged in the gold mining activities. It is engaged in the mining, exploration, and development of mineral properties located in Canada and the United States. The company primarily holds an interest in Jerritt Canyon gold mine located in Elko, Nevada; and the Ketza River property located in the Yukon Territory in Canada. Veris primarily explores for gold, silver, zinc, and copper properties.

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