Clean Teq Water (ASX:CNQ) COGS-to-Revenue : 0.75 (As of Dec. 2023)

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What is Clean Teq Water COGS-to-Revenue?

Clean Teq Water's Cost of Goods Sold for the six months ended in Dec. 2023 was A$5.38 Mil. Its Revenue for the six months ended in Dec. 2023 was A$7.12 Mil.

Clean Teq Water's COGS to Revenue for the six months ended in Dec. 2023 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Clean Teq Water's Gross Margin % for the six months ended in Dec. 2023 was 24.51%.

Clean Teq Water COGS-to-Revenue Historical Data

The historical data trend for Clean Teq Water'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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Clean Teq Water COGS-to-Revenue Chart

Clean Teq Water Annual Data

Trend

Jun22

Jun23

COGS-to-Revenue

0.97

0.65

Clean Teq Water Semi-Annual Data
	Dec20	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	-	-	0.61	0.69	0.75

Clean Teq Water COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.972	/	12.338
	=	0.65

Clean Teq Water's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5.377	/	7.123
	=	0.75

Clean Teq Water (ASX:CNQ) COGS-to-Revenue Explanation

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

Clean Teq Water's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	5.377 / 7.123
	=	24.51 %

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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Clean Teq Water (ASX:CNQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Clean Teq Water Ltd (ASX:CNQ) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CNQQF:USA 9NK:Germany

Address

21 Howleys Road, Unit 12, Notting Hill, VIC, AUS, 3168

Website

https://www.cleanteqwater.com

Clean Teq Water Ltd provides inventive metals recovery and water treatment solutions for governments and companies. Its technology solutions include desalination, nutrient removal, zero liquid discharge and hardness removal. It focuses on sectors such as municipal wastewater, surface water, industrial wastewater and mining process water. The company has offices and laboratories in Melbourne, Perth, Beijing and Tianjin, and partner offices in Africa and Latin America.