Forbidden Spirits Distilling (TSXV:VDKA.H) COGS-to-Revenue : 0.30 (As of Sep. 2022)

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What is Forbidden Spirits Distilling COGS-to-Revenue?

Forbidden Spirits Distilling's Cost of Goods Sold for the three months ended in Sep. 2022 was C$0.10 Mil. Its Revenue for the three months ended in Sep. 2022 was C$0.32 Mil.

Forbidden Spirits Distilling's COGS to Revenue for the three months ended in Sep. 2022 was 0.30.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Forbidden Spirits Distilling's Gross Margin % for the three months ended in Sep. 2022 was 69.75%.

Forbidden Spirits Distilling COGS-to-Revenue Historical Data

The historical data trend for Forbidden Spirits Distilling'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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Forbidden Spirits Distilling COGS-to-Revenue Chart

Forbidden Spirits Distilling Annual Data

Trend

Dec19

Dec20

Dec21

COGS-to-Revenue

0.62

0.59

0.49

Forbidden Spirits Distilling Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
COGS-to-Revenue	Get a 7-Day Free Trial					0.31	0.98	0.58	0.55	0.30

Forbidden Spirits Distilling COGS-to-Revenue Calculation

Forbidden Spirits Distilling's COGS to Revenue for the fiscal year that ended in Dec. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.291	/	0.593
	=	0.49

Forbidden Spirits Distilling's COGS to Revenue for the quarter that ended in Sep. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.098	/	0.324
	=	0.30

Forbidden Spirits Distilling (TSXV:VDKA.H) COGS-to-Revenue Explanation

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

Forbidden Spirits Distilling's Gross Margin % for the three months ended in Sep. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.098 / 0.324
	=	69.75 %

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.

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Forbidden Spirits Distilling Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Forbidden Spirits Distilling Corp (TSXV:VDKA.H) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

4400 Wallace Hill Road, Kelowna, BC, CAN, V1W 1C3

Website

https://www.forbiddenspirits.ca

Forbidden Spirits Distilling Corp is engaged in manufacturing, marketing, and selling spirits directly to consumers from its online store, as well as direct to off-premises retail liquor stores and direct to on-premises restaurants, hotels, pubs, bars, golf courses, and yacht clubs. Its brands include REBEL Vodka, Eve's Original Gin, Adam's Apple Brandy, Forbidden Fire, Forbidden Spirits Vodka, and Wallace Hill Whisky. The company's reportable operating segments include the distilling and sale of spirits, the sale of hand sanitizer and merchandise.

Forbidden Spirits Distilling Headlines

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