Thungela Resources (Thungela Resources) COGS-to-Revenue : 0.37 (As of Dec. 2023)

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What is Thungela Resources COGS-to-Revenue?

Thungela Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was $323 Mil. Its Revenue for the six months ended in Dec. 2023 was $873 Mil.

Thungela Resources's COGS to Revenue for the six months ended in Dec. 2023 was 0.37.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Thungela Resources's Gross Margin % for the six months ended in Dec. 2023 was 63.07%.

Thungela Resources COGS-to-Revenue Historical Data

The historical data trend for Thungela Resources'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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Thungela Resources COGS-to-Revenue Chart

Thungela Resources Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.52

0.24

0.23

0.21

0.33

Thungela Resources Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial					0.18	0.19	0.23	0.28	0.37

Thungela Resources COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	535.293	/	1644.09
	=	0.33

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	322.603	/	873.46
	=	0.37

Thungela Resources (OTCPK:TNGRF) COGS-to-Revenue Explanation

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

Thungela Resources'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	-	322.603 / 873.46
	=	63.07 %

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.

Thungela Resources COGS-to-Revenue Related Terms

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Thungela Resources (Thungela Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Thungela Resources Ltd (OTCPK:TNGRF) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

TGA:South Africa TGAl:UK TGA:UK 6UP:Germany

Address

25 Bath Avenue, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.thungela.com

Thungela Resources Ltd is a pure-play producer and exporter of thermal coal in South Africa. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa.

Thungela Resources (Thungela Resources) Headlines

From GuruFocus

Thungela Resources Ltd (TNGRF): A Comprehensive Analysis of its Dividend Performance

By GuruFocus Research • 09-20-2023