New Century Resources (New Century Resources) COGS-to-Revenue : 0.57 (As of Dec. 2022)

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What is New Century Resources COGS-to-Revenue?

New Century Resources's Cost of Goods Sold for the six months ended in Dec. 2022 was $62.7 Mil. Its Revenue for the six months ended in Dec. 2022 was $109.4 Mil.

New Century Resources's COGS to Revenue for the six months ended in Dec. 2022 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. New Century Resources's Gross Margin % for the six months ended in Dec. 2022 was 42.70%.

New Century Resources COGS-to-Revenue Historical Data

The historical data trend for New Century Resources'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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New Century Resources COGS-to-Revenue Chart

New Century Resources Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

COGS-to-Revenue

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0.59

0.51

New Century Resources Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
COGS-to-Revenue	Get a 7-Day Free Trial															0.63	0.57	0.56	0.46	0.57

New Century Resources COGS-to-Revenue Calculation

New Century Resources's COGS to Revenue for the fiscal year that ended in Jun. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	144.967	/	286.927
	=	0.51

New Century Resources's COGS to Revenue for the quarter that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	62.676	/	109.385
	=	0.57

New Century Resources (OTCPK:NWNNF) COGS-to-Revenue Explanation

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

New Century Resources's Gross Margin % for the six months ended in Dec. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	62.676 / 109.385
	=	42.70 %

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.

New Century Resources COGS-to-Revenue Related Terms

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New Century Resources (New Century Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Century Resources Ltd (OTCPK:NWNNF) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

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Address

360 Collins Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.newcenturyresources.com

New Century Resources Ltd is a mining company focused on producing metal from globally significant assets, acquired on attractive terms while rehabilitating legacy impacts on the environment. The company is a Zinc producer, operating Australia's hydraulic mining operation at the Century Mine in Queensland; extracting, processing and shipping Zinc reprocessed from historical tailings waste. It is actively progressing organic growth opportunities through in-situ projects at Century and exploring the potential to restart the Mt Lyell Copper Mine in Tasmania using renewable energy. In addition, the group is partnering with major mining companies to reprocess and rehabilitate tailings, to the benefit of the shareholders and the environment.

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