Gemfields Group (JSE:GML) COGS-to-Revenue : 0.75 (As of Dec. 2023)

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What is Gemfields Group COGS-to-Revenue?

Gemfields Group's Cost of Goods Sold for the six months ended in Dec. 2023 was R1,517 Mil. Its Revenue for the six months ended in Dec. 2023 was R2,020 Mil.

Gemfields Group's COGS to Revenue for the six months ended in Dec. 2023 was 0.75.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Gemfields Group's Gross Margin % for the six months ended in Dec. 2023 was 24.88%.

Gemfields Group COGS-to-Revenue Historical Data

The historical data trend for Gemfields Group'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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Gemfields Group COGS-to-Revenue Chart

Gemfields Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.58

1.71

0.44

0.47

0.61

Gemfields Group 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															0.40	0.40	0.55	0.52	0.75

Gemfields Group COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2993.378	/	4882.148
	=	0.61

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1517.251	/	2019.796
	=	0.75

Gemfields Group (JSE:GML) COGS-to-Revenue Explanation

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

Gemfields Group'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	-	1517.251 / 2019.796
	=	24.88 %

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.

Gemfields Group COGS-to-Revenue Related Terms

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Gemfields Group (JSE:GML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gemfields Group Ltd (JSE:GML) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

PLLHF:USA GEM:UK 5PH:Germany

Address

St Julian’s Avenue, Royal Chambers, PO Box 186, St Peter Port, GGY, GY1 4HP

Website

https://www.gemfieldsgroup.com

Gemfields Group Ltd is engaged in the mining and marketing of colored gemstones. It has mining operations in Zambia for emeralds and amethysts, and in Mozambique for ruby and pink sapphire. The company's segments include Zambia, Mozambique, PGMs, Steel Making Materials, Corporate, Faberge, and Others.

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