Piedmont Lithium (ASX:PLL) COGS-to-Revenue : 0.95 (As of Mar. 2024)

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What is Piedmont Lithium COGS-to-Revenue?

Piedmont Lithium's Cost of Goods Sold for the three months ended in Mar. 2024 was A$19.38 Mil. Its Revenue for the three months ended in Mar. 2024 was A$20.44 Mil.

Piedmont Lithium's COGS to Revenue for the three months ended in Mar. 2024 was 0.95.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Piedmont Lithium's Gross Margin % for the three months ended in Mar. 2024 was 5.16%.

Piedmont Lithium COGS-to-Revenue Historical Data

The historical data trend for Piedmont Lithium'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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Piedmont Lithium COGS-to-Revenue Chart

Piedmont Lithium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Dec22

Dec23

COGS-to-Revenue

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0.86

Piedmont Lithium Quarterly Data
	Mar19	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															-	-	0.50	-	0.95

Piedmont Lithium COGS-to-Revenue Calculation

Piedmont Lithium's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	51.003	/	59.487
	=	0.86

Piedmont Lithium's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	19.383	/	20.437
	=	0.95

Piedmont Lithium (ASX:PLL) COGS-to-Revenue Explanation

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

Piedmont Lithium's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	19.383 / 20.437
	=	5.16 %

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.

Piedmont Lithium COGS-to-Revenue Related Terms

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Piedmont Lithium (ASX:PLL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Piedmont Lithium Inc (ASX:PLL) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

PLLTL:USA PLL:USA 6S3A:Germany

Address

42 E Catawba Street, Belmont, NC, USA, 28012

Website

https://www.piedmontlithium.com

Piedmont Lithium Inc, is a lithium-based company focused on the development of its Piedmont Lithium Project located within the Carolina TinSpodumene Belt (''TSB'') and along trend to the Hallman Beam and Kings Mountain mines.