Anglogold Ashanti (Anglogold Ashanti) COGS-to-Revenue : 0.80 (As of Jun. 2023)

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What is Anglogold Ashanti COGS-to-Revenue?

Anglogold Ashanti's Cost of Goods Sold for the six months ended in Jun. 2023 was $1,751 Mil. Its Revenue for the six months ended in Jun. 2023 was $2,186 Mil.

Anglogold Ashanti's COGS to Revenue for the six months ended in Jun. 2023 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Anglogold Ashanti's Gross Margin % for the six months ended in Jun. 2023 was 19.90%.

Anglogold Ashanti COGS-to-Revenue Historical Data

The historical data trend for Anglogold Ashanti'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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Anglogold Ashanti COGS-to-Revenue Chart

Anglogold Ashanti Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.78

0.74

0.62

0.71

0.75

Anglogold Ashanti Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial															0.71	0.71	0.74	0.76	0.80

Anglogold Ashanti COGS-to-Revenue Calculation

Anglogold Ashanti's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3368	/	4501
	=	0.75

Anglogold Ashanti's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1751	/	2186
	=	0.80

Anglogold Ashanti (NYSE:AU) COGS-to-Revenue Explanation

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

Anglogold Ashanti's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1751 / 2186
	=	19.90 %

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.

Anglogold Ashanti COGS-to-Revenue Related Terms

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Anglogold Ashanti (Anglogold Ashanti) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Anglogold Ashanti PLC (NYSE:AU) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ANG:South Africa HT3:Germany HT3:Germany

Address

112 Oxford Road, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

https://www.anglogoldashanti.com

Anglogold Ashanti PLC is one of the gold miners. The company also produces silver and sulphuric acid as by-products. Its operating divisions are Africa, Australia, and the Americas. The firm generates a majority of its revenue from Africa which includes Ghana, Guinea, Mali, the Democratic Republic of the Congo, and Tanzania.