Pan American Silver (Pan American Silver) COGS-to-Revenue : 0.88 (As of Mar. 2024)

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What is Pan American Silver COGS-to-Revenue?

Pan American Silver's Cost of Goods Sold for the three months ended in Mar. 2024 was $530 Mil. Its Revenue for the three months ended in Mar. 2024 was $601 Mil.

Pan American Silver's COGS to Revenue for the three months ended in Mar. 2024 was 0.88.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Pan American Silver's Gross Margin % for the three months ended in Mar. 2024 was 11.81%.

Pan American Silver COGS-to-Revenue Historical Data

The historical data trend for Pan American Silver'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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Pan American Silver COGS-to-Revenue Chart

Pan American Silver Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.83

0.73

0.77

0.97

0.87

Pan American Silver Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.80	0.89	0.90	0.87	0.88

Pan American Silver COGS-to-Revenue Calculation

Pan American Silver's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2019.3	/	2316.1
	=	0.87

Pan American Silver's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	530.4	/	601.4
	=	0.88

Pan American Silver (NYSE:PAAS) COGS-to-Revenue Explanation

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

Pan American Silver's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	530.4 / 601.4
	=	11.81 %

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.

Pan American Silver COGS-to-Revenue Related Terms

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Pan American Silver (Pan American Silver) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pan American Silver Corp (NYSE:PAAS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

PAAS:Mexico PA2:Germany PA2:Germany PA2:Germany PAAS:Canada PAAS:Argentina

Address

1440 - 625 Howe Street, Vancouver, BC, CAN, V6C 2T6

Website

https://www.panamericansilver.com

Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. Its principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.