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GreenRoc Strategic Materials (LSE:GROC) Cost of Goods Sold : £0.00 Mil (TTM As of Nov. 2024)


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What is GreenRoc Strategic Materials Cost of Goods Sold?

GreenRoc Strategic Materials's cost of goods sold for the six months ended in Nov. 2024 was £0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Nov. 2024 was £0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. GreenRoc Strategic Materials's Gross Margin % for the six months ended in Nov. 2024 was 100%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


GreenRoc Strategic Materials Cost of Goods Sold Historical Data

The historical data trend for GreenRoc Strategic Materials's Cost of Goods Sold 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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GreenRoc Strategic Materials Cost of Goods Sold Chart

GreenRoc Strategic Materials Annual Data
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Cost of Goods Sold
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GreenRoc Strategic Materials Semi-Annual Data
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GreenRoc Strategic Materials Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Nov. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 Mil.

* 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.


GreenRoc Strategic Materials  (LSE:GROC) Cost of Goods Sold Explanation

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

GreenRoc Strategic Materials's Gross Margin % for the six months ended in Nov. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(-0.023 - 0) / -0.023
=100 %

* 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.

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.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

GreenRoc Strategic Materials's Inventory Turnover for the six months ended in Nov. 2024 is calculated as:

* 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


GreenRoc Strategic Materials Cost of Goods Sold Related Terms

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GreenRoc Strategic Materials Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
GreenRoc Strategic Materials PLC operates as a mining company. Its activity includes activity is the exploration of and development of critical minerals. The projects of the company include the Thule Black Sands Ilmenite Project, and the Amitsoq Graphite Project located in Greenland.

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