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Fenix Resources (ASX:FEX) COGS-to-Revenue : 0.62 (As of Dec. 2023)


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What is Fenix Resources COGS-to-Revenue?

Fenix Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was A$79.1 Mil. Its Revenue for the six months ended in Dec. 2023 was A$126.9 Mil.

Fenix Resources's COGS to Revenue for the six months ended in Dec. 2023 was 0.62.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Fenix Resources's Gross Margin % for the six months ended in Dec. 2023 was 37.70%.

Fenix Resources COGS-to-Revenue Historical Data

The historical data trend for Fenix 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.

Fenix Resources COGS-to-Revenue Chart

Fenix Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.43 0.71 0.74

Fenix Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.59 0.90 0.62 0.62

Fenix Resources COGS-to-Revenue Calculation

Fenix Resources's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=146.249 / 196.85
=0.74

Fenix Resources's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=79.081 / 126.934
=0.62

* 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.

Fenix Resources  (ASX:FEX) COGS-to-Revenue Explanation

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

Fenix Resources's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 79.081 / 126.934
=37.70 %

* 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.

Fenix Resources COGS-to-Revenue Related Terms

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Fenix Resources (ASX:FEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Fenix Resources Ltd (ASX:FEX) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
N/A
Address
1202 Hay Street, Office 10, Emerald House, Perth, WA, AUS, 6005
Website
https://www.fenixresources.com.au
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has three reportable segments: the Iron Ridge Project, Fenix-Newhaul and Trucking Joint Venture. It is involved in the exploration of iron, base metals, and precious metals in Western Australia. The majority of the revenue is generated from Western Australia's iron ore mining. Its Iron Ridge Project is located approximately 600 km north-northeast of Perth and approximately 67 km northeast of the township of Cue in the Murchison region.