PlasCred Circular Innovations (XCNQ:PLAS) COGS-to-Revenue : 0.00 (As of Mar. 2024)

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What is PlasCred Circular Innovations COGS-to-Revenue?

PlasCred Circular Innovations'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.

PlasCred Circular Innovations'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. PlasCred Circular Innovations's Gross Margin % for the three months ended in Mar. 2024 was N/A%.

PlasCred Circular Innovations COGS-to-Revenue Historical Data

The historical data trend for PlasCred Circular Innovations'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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PlasCred Circular Innovations COGS-to-Revenue Chart

PlasCred Circular Innovations Annual Data

Trend

Dec22

Dec23

COGS-to-Revenue

PlasCred Circular Innovations Quarterly Data
	Jun22	Mar23	Jun23	Dec23	Mar24
COGS-to-Revenue	-	-	-	-	-

PlasCred Circular Innovations COGS-to-Revenue Calculation

PlasCred Circular Innovations'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	/	0
	=

PlasCred Circular Innovations'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
	=

PlasCred Circular Innovations (XCNQ:PLAS) COGS-to-Revenue Explanation

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

PlasCred Circular Innovations'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.

PlasCred Circular Innovations COGS-to-Revenue Related Terms

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PlasCred Circular Innovations (XCNQ:PLAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » PlasCred Circular Innovations Inc (XCNQ:PLAS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

MGPRF:USA XV2:Germany

Address

810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.plascred.com

PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.

PlasCred Circular Innovations (XCNQ:PLAS) Headlines

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