Kirkland Lake Gold (Kirkland Lake Gold) COGS-to-Revenue : 0.44 (As of Sep. 2021)

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What is Kirkland Lake Gold COGS-to-Revenue?

Kirkland Lake Gold's Cost of Goods Sold for the three months ended in Sep. 2021 was $296 Mil. Its Revenue for the three months ended in Sep. 2021 was $667 Mil.

Kirkland Lake Gold's COGS to Revenue for the three months ended in Sep. 2021 was 0.44.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kirkland Lake Gold's Gross Margin % for the three months ended in Sep. 2021 was 55.62%.

Kirkland Lake Gold COGS-to-Revenue Historical Data

The historical data trend for Kirkland Lake 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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Kirkland Lake Gold COGS-to-Revenue Chart

Kirkland Lake Gold Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Dec16

Dec17

Dec18

Dec19

Dec20

COGS-to-Revenue

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0.66

0.61

0.47

0.35

0.43

Kirkland Lake Gold Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
COGS-to-Revenue	Get a 7-Day Free Trial															0.39	0.42	0.53	0.44	0.44

Kirkland Lake Gold COGS-to-Revenue Calculation

Kirkland Lake Gold's COGS to Revenue for the fiscal year that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1055.843	/	2460.104
	=	0.43

Kirkland Lake Gold's COGS to Revenue for the quarter that ended in Sep. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	296.033	/	666.978
	=	0.44

Kirkland Lake Gold (NYSE:KL) COGS-to-Revenue Explanation

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

Kirkland Lake Gold's Gross Margin % for the three months ended in Sep. 2021 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	296.033 / 666.978
	=	55.62 %

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.

Kirkland Lake Gold COGS-to-Revenue Related Terms

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Kirkland Lake Gold (Kirkland Lake Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kirkland Lake Gold Ltd (NYSE:KL) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

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Address

200 Bay Street, Suite 2800, Toronto, ON, CAN, M5J 2J1

Website

https://www.klgold.com

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.