PJSC Mining & Metallurgical Co Norilsk Nickel (LSE:MNOD) COGS-to-Revenue : 0.49 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is PJSC Mining & Metallurgical Co Norilsk Nickel COGS-to-Revenue?

PJSC Mining & Metallurgical Co Norilsk Nickel's Cost of Goods Sold for the six months ended in Dec. 2023 was $3,532 Mil. Its Revenue for the six months ended in Dec. 2023 was $7,248 Mil.

PJSC Mining & Metallurgical Co Norilsk Nickel's COGS to Revenue for the six months ended in Dec. 2023 was 0.49.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. PJSC Mining & Metallurgical Co Norilsk Nickel's Gross Margin % for the six months ended in Dec. 2023 was 51.27%.

PJSC Mining & Metallurgical Co Norilsk Nickel COGS-to-Revenue Historical Data

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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.

PJSC Mining & Metallurgical Co Norilsk Nickel COGS-to-Revenue Chart

PJSC Mining & Metallurgical Co Norilsk Nickel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.38

0.33

0.41

0.49

PJSC Mining & Metallurgical Co Norilsk Nickel 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															0.34	0.38	0.44	0.49	0.49

PJSC Mining & Metallurgical Co Norilsk Nickel COGS-to-Revenue Calculation

PJSC Mining & Metallurgical Co Norilsk Nickel's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7043	/	14409
	=	0.49

PJSC Mining & Metallurgical Co Norilsk Nickel's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3532	/	7248
	=	0.49

PJSC Mining & Metallurgical Co Norilsk Nickel (LSE:MNOD) COGS-to-Revenue Explanation

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

PJSC Mining & Metallurgical Co Norilsk Nickel'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	-	3532 / 7248
	=	51.27 %

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.

PJSC Mining & Metallurgical Co Norilsk Nickel COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of PJSC Mining & Metallurgical Co Norilsk Nickel's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

PJSC Mining & Metallurgical Co Norilsk Nickel (LSE:MNOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PJSC Mining & Metallurgical Co Norilsk Nickel (LSE:MNOD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GMKN:Russia

Address

15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100

Website

https://www.nornickel.com

PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.

PJSC Mining & Metallurgical Co Norilsk Nickel (LSE:MNOD) Headlines

No Headlines