BlockQuarry (BlockQuarry) COGS-to-Revenue : 2.03 (As of Dec. 2022)

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What is BlockQuarry COGS-to-Revenue?

BlockQuarry's Cost of Goods Sold for the six months ended in Dec. 2022 was $10.92 Mil. Its Revenue for the six months ended in Dec. 2022 was $5.37 Mil.

BlockQuarry's COGS to Revenue for the six months ended in Dec. 2022 was 2.03.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. BlockQuarry's Gross Margin % for the six months ended in Dec. 2022 was -103.13%.

BlockQuarry COGS-to-Revenue Historical Data

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

BlockQuarry Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec21

Dec22

COGS-to-Revenue

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0.65

0.52

1.70

2.03

BlockQuarry Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Dec18	Dec21	Dec22
COGS-to-Revenue	Get a 7-Day Free Trial			0.65	0.65	0.52	1.70	2.03

BlockQuarry COGS-to-Revenue Calculation

BlockQuarry's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	10.916	/	5.374
	=	2.03

BlockQuarry's COGS to Revenue for the quarter that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	10.916	/	5.374
	=	2.03

BlockQuarry (OTCPK:BLQC) COGS-to-Revenue Explanation

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

BlockQuarry's Gross Margin % for the six months ended in Dec. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	10.916 / 5.374
	=	-103.13 %

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.

BlockQuarry COGS-to-Revenue Related Terms

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BlockQuarry (BlockQuarry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BlockQuarry Corp (OTCPK:BLQC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

700 Louisiana Street, Suite 3950, Houston, TX, USA, 77002

Website

https://www.blockquarry.io

BlockQuarry Corp operates in the cryptocurrency mining industry. The cryptocurrency mining and mining equipment segment is focused on capitalizing on the Bitcoin ecosystem and its surrounding associated growth opportunities through proof-of-work mining. It also produced and sold premium liquor beverages and sold cannabinoid products.