Sociedad Minera Cerro VerdeA (LIM:CVERDEC1) COGS-to-Revenue : 0.62 (As of Dec. 2023)

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What is Sociedad Minera Cerro VerdeA COGS-to-Revenue?

Sociedad Minera Cerro VerdeA's Cost of Goods Sold for the six months ended in Dec. 2023 was $2,556 Mil. Its Revenue for the six months ended in Dec. 2023 was $4,143 Mil.

Sociedad Minera Cerro VerdeA's COGS to Revenue for the six months ended in Dec. 2023 was 0.62.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sociedad Minera Cerro VerdeA's Gross Margin % for the six months ended in Dec. 2023 was 38.31%.

Sociedad Minera Cerro VerdeA COGS-to-Revenue Historical Data

The historical data trend for Sociedad Minera Cerro VerdeA'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.

* Premium members only.

Sociedad Minera Cerro VerdeA COGS-to-Revenue Chart

Sociedad Minera Cerro VerdeA Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.68

0.71

0.51

0.60

0.62

Sociedad Minera Cerro VerdeA Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec19	Dec20	Dec21	Dec22	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial					0.68	0.71	0.51	0.60	0.62

Sociedad Minera Cerro VerdeA COGS-to-Revenue Calculation

Sociedad Minera Cerro VerdeA's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2556.052	/	4143.228
	=	0.62

Sociedad Minera Cerro VerdeA's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2556.052	/	4143.228
	=	0.62

Sociedad Minera Cerro VerdeA (LIM:CVERDEC1) COGS-to-Revenue Explanation

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

Sociedad Minera Cerro VerdeA's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2556.052 / 4143.228
	=	38.31 %

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.

Sociedad Minera Cerro VerdeA COGS-to-Revenue Related Terms

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Sociedad Minera Cerro VerdeA (LIM:CVERDEC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sociedad Minera Cerro Verde SAA (LIM:CVERDEC1) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Avenue Alfonso Ugarte 304, Arequipa, PER

Website

https://www.cerroverde.pe

Sociedad Minera Cerro Verde SAA is involved in the exploration, extraction, production and sale of copper from deposits located in the southwest of the Arequipa city.

Sociedad Minera Cerro VerdeA (LIM:CVERDEC1) Headlines

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