RioZim (XZIM:RIOZ.ZW) COGS-to-Revenue : 0.83 (As of Jun. 2023)

View and export this data going back to . Start your Free Trial

What is RioZim COGS-to-Revenue?

RioZim's Cost of Goods Sold for the six months ended in Jun. 2023 was ZWL41,664 Mil. Its Revenue for the six months ended in Jun. 2023 was ZWL49,958 Mil.

RioZim's COGS to Revenue for the six months ended in Jun. 2023 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. RioZim's Gross Margin % for the six months ended in Jun. 2023 was 16.60%.

RioZim COGS-to-Revenue Historical Data

The historical data trend for RioZim'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.

* Premium members only.

RioZim COGS-to-Revenue Chart

RioZim Annual Data

Trend

Dec09

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

Get a 7-Day Free Trial

0.82

0.99

0.65

1.00

0.95

RioZim Semi-Annual Data
	Dec09	Dec11	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial									0.98	1.01	0.97	0.95	0.83

RioZim COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	19665.336	/	20595.816
	=	0.95

RioZim's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	41663.813	/	49958.251
	=	0.83

RioZim (XZIM:RIOZ.ZW) COGS-to-Revenue Explanation

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

RioZim's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	41663.813 / 49958.251
	=	16.60 %

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.

RioZim COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of RioZim's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

RioZim (XZIM:RIOZ.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » RioZim Ltd (XZIM:RIOZ.ZW) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

No.1 Kenilworth Road, Highlands, Harare, ZWE

Website

https://www.riozim.co.zw

RioZim Ltd together with its subsidiaries engages in mining and metallurgical operations. The company's operating segments include Gold and Base Metals. Gold segment develops and mines gold that is ultimately sold as gold bullion. It generates maximum revenue from the Gold. Geographically, it derives a majority of revenue from Zimbabwe. All the group's operations are located in Zimbabwe and situated in two geographic locations, Masvingo Province and Mashonaland West Province. The company is engaged in the operation of the Renco Goldmine in the south-east of Zimbabwe, Dalny Mine based in Chakari, the Cam and Motor gold and Empress Nickel Refinery mine in Kadoma.

RioZim (XZIM:RIOZ.ZW) Headlines

No Headlines