McChip Resources (TSXV:MCS) COGS-to-Revenue : 0.00 (As of Sep. 2024)

View and export this data going back to 1935. Start your Free Trial

What is McChip Resources COGS-to-Revenue?

McChip Resources's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.01 Mil. Its Revenue for the three months ended in Sep. 2024 was C$0.00 Mil.

McChip Resources's COGS to Revenue for the three months ended in Sep. 2024 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. McChip Resources's Gross Margin % for the three months ended in Sep. 2024 was %.

McChip Resources COGS-to-Revenue Historical Data

The historical data trend for McChip 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.

* Premium members only.

McChip Resources COGS-to-Revenue Chart

McChip Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.02

0.03

0.06

McChip Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial															-	0.01	-	-	-

McChip Resources COGS-to-Revenue Calculation

McChip 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
	=	0.027	/	0.48
	=	0.06

McChip Resources's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.007	/	0
	=

McChip Resources (TSXV:MCS) COGS-to-Revenue Explanation

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

McChip Resources's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.007 / 0
	=	%

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.

McChip Resources COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of McChip Resources's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

McChip Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » McChip Resources Inc (TSXV:MCS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

130 Adelaide Street West, Suite 1910, Box 18 - Richmond Adelaide Centre, Toronto, ON, CAN, M5H 3P5

Website

McChip Resources Inc is engaged in the natural resource industry. The company invests in petroleum interests in Western Canada, as well as direct and indirect interests in minerals.

Executives

Richard Duncan Mccloskey

Director, Senior Officer