Choom Holdings (Choom Holdings) COGS-to-Revenue : 0.62 (As of Dec. 2021)

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What is Choom Holdings COGS-to-Revenue?

Choom Holdings's Cost of Goods Sold for the three months ended in Dec. 2021 was $2.06 Mil. Its Revenue for the three months ended in Dec. 2021 was $3.29 Mil.

Choom Holdings's COGS to Revenue for the three months ended in Dec. 2021 was 0.62.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Choom Holdings's Gross Margin % for the three months ended in Dec. 2021 was 37.53%.

Choom Holdings COGS-to-Revenue Historical Data

The historical data trend for Choom Holdings'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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Choom Holdings COGS-to-Revenue Chart

Choom Holdings Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

COGS-to-Revenue

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0.58

0.69

0.63

Choom Holdings Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
COGS-to-Revenue	Get a 7-Day Free Trial															0.64	0.62	0.62	0.63	0.62

Choom Holdings COGS-to-Revenue Calculation

Choom Holdings's COGS to Revenue for the fiscal year that ended in Jun. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11.385	/	18.043
	=	0.63

Choom Holdings's COGS to Revenue for the quarter that ended in Dec. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.057	/	3.293
	=	0.62

Choom Holdings (OTCPK:CHOOF) COGS-to-Revenue Explanation

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

Choom Holdings's Gross Margin % for the three months ended in Dec. 2021 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2.057 / 3.293
	=	37.53 %

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.

Choom Holdings COGS-to-Revenue Related Terms

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Choom Holdings (Choom Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Choom Holdings Inc (OTCPK:CHOOF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1525 West 8th Avenue, Suite 208, Vancouver, BC, CAN, V6J 1T5

Website

https://www.choom.ca

Choom Holdings Inc is a Canadian cannabis retailer. It sells products under the brand name Choom. The company has two primary business units, Retail Cannabis, and Patient Counselling. It generates maximum revenue from the Retail Cannabis segment.