Red White & Bloom Brands (Red White & Bloom Brands) COGS-to-Revenue : 0.57 (As of Dec. 2023)

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What is Red White & Bloom Brands COGS-to-Revenue?

Red White & Bloom Brands's Cost of Goods Sold for the three months ended in Dec. 2023 was $8.11 Mil. Its Revenue for the three months ended in Dec. 2023 was $14.34 Mil.

Red White & Bloom Brands's COGS to Revenue for the three months ended in Dec. 2023 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Red White & Bloom Brands's Gross Margin % for the three months ended in Dec. 2023 was 43.47%.

Red White & Bloom Brands COGS-to-Revenue Historical Data

The historical data trend for Red White & Bloom Brands'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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Red White & Bloom Brands COGS-to-Revenue Chart

Red White & Bloom Brands Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.33

0.38

0.74

0.67

Red White & Bloom Brands Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial														0.72	0.69	0.72	0.67	0.57

Red White & Bloom Brands COGS-to-Revenue Calculation

Red White & Bloom Brands's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	43.865	/	65.842
	=	0.67

Red White & Bloom Brands's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8.109	/	14.344
	=	0.57

Red White & Bloom Brands (OTCPK:RWBYF) COGS-to-Revenue Explanation

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

Red White & Bloom Brands's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	8.109 / 14.344
	=	43.47 %

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.

Red White & Bloom Brands COGS-to-Revenue Related Terms

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Red White & Bloom Brands (Red White & Bloom Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Red White & Bloom Brands Inc (OTCPK:RWBYF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

RWB:Canada

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.redwhitebloom.com

Red White & Bloom Brands Inc is a multi-state operator in the United States conducting operations in the legal cannabis industry. The principal activity of the company is the sale of a diverse range of high-quality cannabis-based products delivered through its distribution and retail channels. The company operates twelve licensed adult-use and medical retail dispensaries located in the legal states of Michigan and Florida.