Gold Road Resources (Gold Road Resources) COGS-to-Revenue : 0.37 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Gold Road Resources COGS-to-Revenue?

Gold Road Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was $59.5 Mil. Its Revenue for the six months ended in Dec. 2023 was $162.7 Mil.

Gold Road Resources's COGS to Revenue for the six months ended in Dec. 2023 was 0.37.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Gold Road Resources's Gross Margin % for the six months ended in Dec. 2023 was 63.45%.

Gold Road Resources COGS-to-Revenue Historical Data

The historical data trend for Gold Road Resources'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.

* Premium members only.

Gold Road Resources COGS-to-Revenue Chart

Gold Road Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.40

0.36

0.42

0.40

0.37

Gold Road Resources 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															0.43	0.38	0.42	0.37	0.37

Gold Road Resources COGS-to-Revenue Calculation

Gold Road Resources's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	115.852	/	316.014
	=	0.37

Gold Road Resources's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	59.492	/	162.748
	=	0.37

Gold Road Resources (OTCPK:ELKMF) COGS-to-Revenue Explanation

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

Gold Road Resources'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	-	59.492 / 162.748
	=	63.45 %

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.

Gold Road Resources COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Gold Road Resources's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Gold Road Resources (Gold Road Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Road Resources Ltd (OTCPK:ELKMF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

E6Q:Germany GOR:Australia

Address

26 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.goldroad.com.au

Gold Road Resources Ltd together with its subsidiaries, engages in the exploration and development of mineral properties in Australia. The company operates in three reportable segments that are Operations, Exploration, and Unallocated, out of which the majority of the revenue is generated from the Operations segment.