Montauk Renewables (JSE:MKR) COGS-to-Revenue : 0.54 (As of Mar. 2024)

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What is Montauk Renewables COGS-to-Revenue?

Montauk Renewables's Cost of Goods Sold for the three months ended in Mar. 2024 was R395 Mil. Its Revenue for the three months ended in Mar. 2024 was R731 Mil.

Montauk Renewables's COGS to Revenue for the three months ended in Mar. 2024 was 0.54.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Montauk Renewables's Gross Margin % for the three months ended in Mar. 2024 was 45.94%.

Montauk Renewables COGS-to-Revenue Historical Data

The historical data trend for Montauk Renewables'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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Montauk Renewables COGS-to-Revenue Chart

Montauk Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.56

0.62

0.53

0.49

0.54

Montauk Renewables Quarterly Data
	Dec18	Sep19	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															0.95	0.48	0.46	0.54	0.54

Montauk Renewables COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1763.091	/	3258.951
	=	0.54

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	395.22	/	731.05
	=	0.54

Montauk Renewables (JSE:MKR) COGS-to-Revenue Explanation

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

Montauk Renewables'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	-	395.22 / 731.05
	=	45.94 %

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.

Montauk Renewables COGS-to-Revenue Related Terms

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Montauk Renewables (JSE:MKR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Montauk Renewables Inc (JSE:MKR) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

MNTK:USA

Address

5313 Campbells Run Road, Suite 200, Pittsburgh, PA, USA, 15205

Website

https://ir.montaukrenewables.com

Montauk Renewables Inc is a United States-based renewable energy company. It specializes in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement for fossil fuels. The firm develops, owns, and operates RNG projects that supply renewable fuel into the transportation and electrical power sectors. Montauk operates in three segments: Renewable Natural Gas, Renewable Electricity Generation and Corporate. It generates a majority of its revenue from the Renewable Natural Gas segment.

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