SILS (Silver Scott Mines) COGS-to-Revenue : 0.00 (As of Dec. 2024)

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What is Silver Scott Mines COGS-to-Revenue?

Silver Scott Mines's Cost of Goods Sold for the six months ended in Dec. 2024 was $0.00 Mil. Its Revenue for the six months ended in Dec. 2024 was $0.00 Mil.

Silver Scott Mines's COGS to Revenue for the six months ended in Dec. 2024 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Silver Scott Mines's Gross Margin % for the six months ended in Dec. 2024 was N/A%.

Silver Scott Mines COGS-to-Revenue Historical Data

The historical data trend for Silver Scott Mines'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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Silver Scott Mines COGS-to-Revenue Chart

Silver Scott Mines Annual Data

Trend

Dec23

Dec24

COGS-to-Revenue

0.36

Silver Scott Mines Semi-Annual Data
	Dec23	Dec24
COGS-to-Revenue	0.36	-

Silver Scott Mines COGS-to-Revenue Calculation

Silver Scott Mines's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

Silver Scott Mines's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

Silver Scott Mines (OTCPK:SILS) COGS-to-Revenue Explanation

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

Silver Scott Mines's Gross Margin % for the six months ended in Dec. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0 / 0
	=	N/A %

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.

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Silver Scott Mines Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver Scott Mines Inc (OTCPK:SILS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

4160 N Highway A1A, Unit 907A, Hutchinson Island, FL, USA, 34949

Website

https://www.silverscottdigital.com

Silver Scott Mines Inc is a holding company owning assets in the digital currency, DeFI, blockchain, and Web3.0 verticals. It uses a subscription based model to offer online cryptocurrency education and mentoring services through its Dr. Crypto Pro membership program.