Greenfern Industries (NZSE:GFI) COGS-to-Revenue : 0.12 (As of Mar. 2023)

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What is Greenfern Industries COGS-to-Revenue?

Greenfern Industries's Cost of Goods Sold for the six months ended in Mar. 2023 was NZ$0.06 Mil. Its Revenue for the six months ended in Mar. 2023 was NZ$0.55 Mil.

Greenfern Industries's COGS to Revenue for the six months ended in Mar. 2023 was 0.12.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Greenfern Industries's Gross Margin % for the six months ended in Mar. 2023 was 88.38%.

Greenfern Industries COGS-to-Revenue Historical Data

The historical data trend for Greenfern Industries'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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Greenfern Industries COGS-to-Revenue Chart

Greenfern Industries Annual Data

Trend

Mar22

Mar23

COGS-to-Revenue

1.04

0.12

Greenfern Industries Semi-Annual Data
	Mar22	Mar23
COGS-to-Revenue	1.04	0.12

Greenfern Industries COGS-to-Revenue Calculation

Greenfern Industries's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.064	/	0.551
	=	0.12

Greenfern Industries's COGS to Revenue for the quarter that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.064	/	0.551
	=	0.12

Greenfern Industries (NZSE:GFI) COGS-to-Revenue Explanation

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

Greenfern Industries's Gross Margin % for the six months ended in Mar. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.064 / 0.551
	=	88.38 %

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.

Greenfern Industries COGS-to-Revenue Related Terms

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Greenfern Industries (NZSE:GFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Greenfern Industries Ltd (NZSE:GFI) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

115 Queen Street, Level 8, General Capital House, Auckland, NTL, NZL, 1040

Website

https://www.gfi.nz

Greenfern Industries Ltd is committed to the environmentally friendly production of medicinal cannabis and hemp-based products. It operates in two segments, Cannabis and therapeutics products the operations of this segment reflect the activities of manufacture and distribution of cannabis products, Electricity generation this segment includes the generation and distribution of electricity. The hemp seed and its by-products are used for a range of different products from a high protein ingredient in a plant-based meat substitute, a hemp-based skincare range, and hemp-based beverages amongst other things.