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ARBTF (Argo Gold) COGS-to-Revenue : 0.83 (As of Dec. 2024)


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What is Argo Gold COGS-to-Revenue?

Argo Gold's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.29 Mil. Its Revenue for the three months ended in Dec. 2024 was $0.35 Mil.

Argo Gold's COGS to Revenue for the three months ended in Dec. 2024 was 0.83.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Argo Gold's Gross Margin % for the three months ended in Dec. 2024 was 16.95%.


Argo Gold COGS-to-Revenue Historical Data

The historical data trend for Argo 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.

* Premium members only.

Argo Gold COGS-to-Revenue Chart

Argo Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.30 0.45

Argo Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 0.46 0.26 0.30 0.83

Argo Gold COGS-to-Revenue Calculation

Argo Gold's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=0.701 / 1.574
=0.45

Argo Gold's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=0.294 / 0.354
=0.83

* 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.


Argo Gold  (OTCPK:ARBTF) COGS-to-Revenue Explanation

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

Argo Gold's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 0.294 / 0.354
=16.95 %

* 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.

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.


Argo Gold COGS-to-Revenue Related Terms

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Argo Gold Business Description

Traded in Other Exchanges
Address
25 Adelaide Street, East, Suit 1400, Toronto, ON, CAN, M5C 3A1
Argo Gold Inc is engaged in the acquisition, exploration, and development of mineral properties, and the production, exploration, and development of resource properties in Western Canada. Its projects include Oil Production in Alberta includes Oil & Gas Production, Current Oil and Gas Projects, Oil & Gas Reserves, and Oil & Gas in Alberta Backgrounder; the Uchi Gold Project includes Woco, Zone in the Uchi Gold Project, Raingold Zone at Uchi Lake Gold Project, Northgate Zone - Uchi Gold Project; NW Ontario Gold Projects include Talbot Lake Gold Project (Au), and Angela Lake Gold Project (Au).

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