AltynGold (LSE:ALTN) COGS-to-Revenue : 0.62 (As of Dec. 2023)

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What is AltynGold COGS-to-Revenue?

AltynGold's Cost of Goods Sold for the six months ended in Dec. 2023 was £18.11 Mil. Its Revenue for the six months ended in Dec. 2023 was £29.02 Mil.

AltynGold's COGS to Revenue for the six months ended in Dec. 2023 was 0.62.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. AltynGold's Gross Margin % for the six months ended in Dec. 2023 was 37.60%.

AltynGold COGS-to-Revenue Historical Data

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

AltynGold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.83

0.59

0.45

0.53

0.64

AltynGold 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															0.49	0.47	0.59	0.66	0.62

AltynGold COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	32.471	/	50.903
	=	0.64

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	18.108	/	29.021
	=	0.62

AltynGold (LSE:ALTN) COGS-to-Revenue Explanation

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

AltynGold'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	-	18.108 / 29.021
	=	37.60 %

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.

AltynGold COGS-to-Revenue Related Terms

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AltynGold (LSE:ALTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » AltynGold PLC (LSE:ALTN) » Definitions » COGS-to-Revenue

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GB_ALTN:Kazakhstan ALTNl:UK

Address

28 Eccleston Square, London, GBR, SW1V 1NZ

Website

https://www.altyn.uk

AltynGold PLC is engaged in the exploration and development of mineral resources. It focuses on the development of the underground mine and the processing of high-grade ore. The production of gold ore is carried out from the Sekisovskoye gold and silver deposits, and the mining activities and mining assets are in Kazakhstan. The Teren-Sai Project is an exploration and development project of AltynGold Plc. It is located in the East of Kazakhstan and is adjacent to Altyn's operating Sekisovskoye Mine. majority of revenue is generated from the sale of gold and silver.

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