Humble & Fume (XCNQ:HMBL) COGS-to-Revenue : 0.87 (As of Jun. 2023)

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What is Humble & Fume COGS-to-Revenue?

Humble & Fume's Cost of Goods Sold for the three months ended in Jun. 2023 was C$12.62 Mil. Its Revenue for the three months ended in Jun. 2023 was C$14.50 Mil.

Humble & Fume's COGS to Revenue for the three months ended in Jun. 2023 was 0.87.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Humble & Fume's Gross Margin % for the three months ended in Jun. 2023 was 13.00%.

Humble & Fume COGS-to-Revenue Historical Data

The historical data trend for Humble & Fume'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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Humble & Fume COGS-to-Revenue Chart

Humble & Fume Annual Data

Trend

Jul19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

0.87

0.82

0.81

0.85

Humble & Fume Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial										0.80	0.82	0.83	0.83	0.87

Humble & Fume COGS-to-Revenue Calculation

Humble & Fume's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	58.339	/	68.513
	=	0.85

Humble & Fume's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12.616	/	14.501
	=	0.87

Humble & Fume (XCNQ:HMBL) COGS-to-Revenue Explanation

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

Humble & Fume's Gross Margin % for the three months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	12.616 / 14.501
	=	13.00 %

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.

Humble & Fume COGS-to-Revenue Related Terms

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Humble & Fume (XCNQ:HMBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Humble & Fume Inc (XCNQ:HMBL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

HUMBF:USA

Address

1 Eva Road, Suite 416, Etobicoke, ON, CAN, M9C 4Z5

Website

https://www.humbleandfume.com

Humble & Fume Inc is a cannabis distribution solution providing customer-centric services and accessories. It is a fully integrated cannabis distribution solution for retailers, Canadian licensed cannabis producers, American multi-state operators, and cannabis customers. Its products include Amethyst Crystal Pipe, Invincipole Replacement Screens, Replacement Bowl Screens, Invincipole Aluminum & Steel Downstem, MouthPeace Filter Refill Display, MouthPeace Full Kit Display, Unbleached Pure Wood Cones, Blend Unbleached Pure Hemp & Flax Cones among others. The firm operates in the segment in two geographical locations: Canada and the USA of which it generates substantial revenue from the USA.

Executives