Mountain Province Diamonds (TSX:MPVD) COGS-to-Revenue : 0.63 (As of Mar. 2023)

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What is Mountain Province Diamonds COGS-to-Revenue?

Mountain Province Diamonds's Cost of Goods Sold for the three months ended in Mar. 2023 was C$81.5 Mil. Its Revenue for the three months ended in Mar. 2023 was C$128.7 Mil.

Mountain Province Diamonds's COGS to Revenue for the three months ended in Mar. 2023 was 0.63.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mountain Province Diamonds's Gross Margin % for the three months ended in Mar. 2023 was 36.69%.

Mountain Province Diamonds COGS-to-Revenue Historical Data

The historical data trend for Mountain Province Diamonds'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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Mountain Province Diamonds COGS-to-Revenue Chart

Mountain Province Diamonds Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.74

0.91

1.01

0.63

0.56

Mountain Province Diamonds Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
COGS-to-Revenue	Get a 7-Day Free Trial															0.49	0.47	0.59	0.67	0.63

Mountain Province Diamonds COGS-to-Revenue Calculation

Mountain Province Diamonds's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	218.328	/	388.853
	=	0.56

Mountain Province Diamonds's COGS to Revenue for the quarter that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	81.457	/	128.657
	=	0.63

Mountain Province Diamonds (TSX:MPVD) COGS-to-Revenue Explanation

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

Mountain Province Diamonds's Gross Margin % for the three months ended in Mar. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	81.457 / 128.657
	=	36.69 %

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.

Mountain Province Diamonds COGS-to-Revenue Related Terms

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Mountain Province Diamonds (TSX:MPVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mountain Province Diamonds Inc (TSX:MPVD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

MPVDF:USA MPG:Germany

Address

161 Bay Street, Suite 1410, P.O. Box 216, Toronto, ON, CAN, M5J 2S1

Website

https://www.mountainprovince.com

Mountain Province Diamonds Inc is engaged in the mining and marketing of rough diamonds. The Company supplies rough diamonds from its 49% ownership interest in the Gahcho Kue diamond mine (the GK Diamond Mine). The GK Diamond Mine is located in Canada's Northwest Territories. The Company also owns 100% of the mineral rights of the Kennady North Project (KNP) in Canada's Northwest Territories.

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