TILT Holdings (TILT Holdings) COGS-to-Revenue : 0.90 (As of Dec. 2023)

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What is TILT Holdings COGS-to-Revenue?

TILT Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $34.0 Mil. Its Revenue for the three months ended in Dec. 2023 was $37.5 Mil.

TILT Holdings's COGS to Revenue for the three months ended in Dec. 2023 was 0.90.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. TILT Holdings's Gross Margin % for the three months ended in Dec. 2023 was 9.54%.

TILT Holdings COGS-to-Revenue Historical Data

The historical data trend for TILT Holdings'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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TILT Holdings COGS-to-Revenue Chart

TILT Holdings Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.60

0.63

0.75

0.78

0.85

TILT Holdings Quarterly Data
	Mar19	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															0.81	0.79	0.90	0.82	0.90

TILT Holdings COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	141.58	/	165.956
	=	0.85

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	33.958	/	37.538
	=	0.90

TILT Holdings (OTCPK:TLLTF) COGS-to-Revenue Explanation

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

TILT Holdings'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	-	33.958 / 37.538
	=	9.54 %

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.

TILT Holdings COGS-to-Revenue Related Terms

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TILT Holdings (TILT Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » TILT Holdings Inc (OTCPK:TLLTF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

0T01:Germany TILT:Canada

Address

2801 E Camelback Road, Suite 180, Phoenix, AZ, USA, 85016

Website

https://www.tiltholdings.com

TILT Holdings Inc helps cannabis businesses build brands. Through a portfolio of companies providing technology, hardware, cultivation and production. The majority of the revenue is generated from the Accessories segment which is engaged in the manufacturing and distribution of electronic, non-nicotine (i.e., cannabis) devices and systems. The company's geographical segments include the United States and Canada, of which the majority of the revenue is generated from the United States.