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Musk Metals (XCNQ:MUSK) Cost of Goods Sold : C$0.00 Mil (TTM As of Dec. 2024)


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What is Musk Metals Cost of Goods Sold?

Musk Metals's cost of goods sold for the three months ended in Dec. 2024 was C$0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was C$0.00 Mil.

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

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


Musk Metals Cost of Goods Sold Historical Data

The historical data trend for Musk Metals'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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Musk Metals Cost of Goods Sold Chart

Musk Metals Annual Data
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Cost of Goods Sold
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Musk Metals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Musk Metals 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$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.


Musk Metals  (XCNQ:MUSK) Cost of Goods Sold Explanation

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

Musk Metals's Gross Margin % for the three months ended in Dec. 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.

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:

Musk Metals's Inventory Turnover for the three months ended in Dec. 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.


Musk Metals Cost of Goods Sold Related Terms

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Musk Metals Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y 1C6
Musk Metals Corp is engaged in the acquisition, exploration, and development of the Pluto Gold and Base Metals Property in Quebec, Canada, along with continuing to identify and potentially acquire additional property interests and conduct exploration and evaluation of assets to assess its potential. Its other properties also include Lawyers North, East & West Claims, Lithium Prospect Elon Lithium Prospect, Allison Lake Prospect, Pluto Property.
Executives
Nader Vatanchi Director, Senior Officer
Alson Niu Director

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