Genesis Minerals (ASX:GMD) COGS-to-Revenue : 0.70 (As of Dec. 2023)

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What is Genesis Minerals COGS-to-Revenue?

Genesis Minerals's Cost of Goods Sold for the six months ended in Dec. 2023 was A$151.4 Mil. Its Revenue for the six months ended in Dec. 2023 was A$215.9 Mil.

Genesis Minerals's COGS to Revenue for the six months ended in Dec. 2023 was 0.70.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Genesis Minerals's Gross Margin % for the six months ended in Dec. 2023 was 29.88%.

Genesis Minerals COGS-to-Revenue Historical Data

The historical data trend for Genesis Minerals'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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Genesis Minerals COGS-to-Revenue Chart

Genesis Minerals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

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0.30

Genesis Minerals Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															-	-	0.72	-0.25	0.70

Genesis Minerals COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	23.465	/	76.963
	=	0.30

Genesis Minerals's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	151.415	/	215.924
	=	0.70

Genesis Minerals (ASX:GMD) COGS-to-Revenue Explanation

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

Genesis Minerals'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	-	151.415 / 215.924
	=	29.88 %

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.

Genesis Minerals COGS-to-Revenue Related Terms

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Genesis Minerals (ASX:GMD) Business Description

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

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GSISF:USA

Address

Level 7, 40 The Esplanade, Perth, WA, AUS, 6000

Website

https://www.genesisminerals.com.au

Genesis Minerals Ltd is an Australian gold exploration company. The Group's sole activity is mineral production, exploration and development of mineral interests in the Leonora region, wholly within Australia It owns an interest in Ulysses Gold Project and Barimaia Gold Project. The company generates revenue from the sale of Gold and Silver, with the majority of revenue coming from the sale of Gold.

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