Resolute Mining (ASX:RSG) COGS-to-Revenue : 0.69 (As of Dec. 2024)

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What is Resolute Mining COGS-to-Revenue?

Resolute Mining's Cost of Goods Sold for the six months ended in Dec. 2024 was A$497 Mil. Its Revenue for the six months ended in Dec. 2024 was A$726 Mil.

Resolute Mining's COGS to Revenue for the six months ended in Dec. 2024 was 0.69.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Resolute Mining's Gross Margin % for the six months ended in Dec. 2024 was 31.43%.

Resolute Mining COGS-to-Revenue Historical Data

The historical data trend for Resolute Mining'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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Resolute Mining COGS-to-Revenue Chart

Resolute Mining Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

COGS-to-Revenue

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0.90

0.92

0.86

0.82

0.73

Resolute Mining Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
COGS-to-Revenue	Get a 7-Day Free Trial															0.88	0.79	0.86	0.78	0.69

Resolute Mining COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	917.945	/	1264.736
	=	0.73

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	497.442	/	725.503
	=	0.69

Resolute Mining (ASX:RSG) COGS-to-Revenue Explanation

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

Resolute Mining's Gross Margin % for the six months ended in Dec. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	497.442 / 725.503
	=	31.43 %

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.

Resolute Mining COGS-to-Revenue Related Terms

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Resolute Mining Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

RMGGY:USA RMGGF:USA RSG:UK RSM:Germany

Address

2 The Esplanade, Level 17, Perth, WA, AUS, 6000

Website

https://www.rml.com.au

Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into business divisions, namely Mako (Senegal), and Syama (Mali). It generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulfide processing circuit, along with satellite open pit operations that provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine.