Allkem (ASX:AKE) COGS-to-Revenue : 0.07 (As of Jun. 2023)

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What is Allkem COGS-to-Revenue?

Allkem's Cost of Goods Sold for the six months ended in Jun. 2023 was A$69 Mil. Its Revenue for the six months ended in Jun. 2023 was A$968 Mil.

Allkem's COGS to Revenue for the six months ended in Jun. 2023 was 0.07.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Allkem's Gross Margin % for the six months ended in Jun. 2023 was 92.89%.

Allkem COGS-to-Revenue Historical Data

The historical data trend for Allkem'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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Allkem COGS-to-Revenue Chart

Allkem Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

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0.54

0.70

0.44

0.21

0.12

Allkem Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial															0.25	0.38	0.16	0.17	0.07

Allkem COGS-to-Revenue Calculation

Allkem's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	211.58	/	1799.623
	=	0.12

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	68.81	/	968.39
	=	0.07

Allkem (ASX:AKE) COGS-to-Revenue Explanation

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

Allkem'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	-	68.81 / 968.39
	=	92.89 %

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.

Allkem COGS-to-Revenue Related Terms

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Allkem (ASX:AKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allkem Ltd (ASX:AKE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

71 Eagle Street, Level 35, Riparian Plaza, Brisbane, QLD, AUS, 4000

Website

https://www.orocobre.com

Allkem Ltd formerly Orocobre Ltd is an industrial chemical and mineral exploration company. It explores and develops lithium, potash, and salar mineral deposits. The company's segments are Corporate, Borax, Olaroz, Mt Cattlin, James Bay, and Sal De Vida projects. The majority of the company's revenue is derived from the Mt Cattlin segment. Its products are classified into minerals, refined products and boric acid used in various markets from agriculture, ceramics, glass, gold assay and smelting fluxes, wood protection, and a variety of specialty applications. The Group operates in Argentina and Australia.

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