Bullet Exploration (TSXV:AMMO) COGS-to-Revenue : 0.00 (As of Mar. 2024)

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What is Bullet Exploration COGS-to-Revenue?

Bullet Exploration's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.00 Mil. Its Revenue for the three months ended in Mar. 2024 was C$0.00 Mil.

Bullet Exploration's COGS to Revenue for the three months ended in Mar. 2024 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Bullet Exploration's Gross Margin % for the three months ended in Mar. 2024 was N/A%.

Bullet Exploration COGS-to-Revenue Historical Data

The historical data trend for Bullet Exploration'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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Bullet Exploration COGS-to-Revenue Chart

Bullet Exploration Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.40

0.82

Bullet Exploration Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial										-	-	-	-	-

Bullet Exploration COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.001	/	0
	=

Bullet Exploration's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

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

Bullet Exploration (TSXV:AMMO) COGS-to-Revenue Explanation

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

Bullet Exploration's Gross Margin % for the three months ended in Mar. 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.

Bullet Exploration COGS-to-Revenue Related Terms

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Bullet Exploration (TSXV:AMMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bullet Exploration Inc (TSXV:AMMO) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

1055 West Georgia St., Suite 2100, Vancouver, BC, CAN, V6E 3P3

Website

https://www.bulletexploration.com

Bullet Exploration Inc is engaged in mineral exploration activities. It has acquired Anita Property, which locates in British Columbia. The Property comprises seven mineral tenures totaling approximately 2,900 hectares and covers three historical mineral showings, the Al, the Cindy, and the Anita. Its other properties include Copper Canyon, which also locates in British Columbia.

Bullet Exploration (TSXV:AMMO) Headlines

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