Euro Ressources (Euro Ressources) COGS-to-Revenue : 0.02 (As of Sep. 2023)

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What is Euro Ressources COGS-to-Revenue?

Euro Ressources's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.15 Mil. Its Revenue for the three months ended in Sep. 2023 was $9.27 Mil.

Euro Ressources's COGS to Revenue for the three months ended in Sep. 2023 was 0.02.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Euro Ressources's Gross Margin % for the three months ended in Sep. 2023 was 98.36%.

Euro Ressources COGS-to-Revenue Historical Data

The historical data trend for Euro Ressources'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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Euro Ressources COGS-to-Revenue Chart

Euro Ressources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.02

0.01

Euro Ressources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.01	0.02	0.02	0.02	0.02

Euro Ressources COGS-to-Revenue Calculation

Euro Ressources's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.339	/	23.474
	=	0.01

Euro Ressources's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.152	/	9.273
	=	0.02

Euro Ressources (OTCPK:ERRSF) COGS-to-Revenue Explanation

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

Euro Ressources's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.152 / 9.273
	=	98.36 %

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.

Euro Ressources COGS-to-Revenue Related Terms

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Euro Ressources (Euro Ressources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Euro Ressources SA (OTCPK:ERRSF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

EUR:France GY5:Germany

Address

23, Rue du Roule, Paris, FRA, 75001

Website

https://www.goldroyalties.com

Euro Ressources SA is a France-based company focused on precious-metal royalties. The company owns royalty interest in the Rosebel gold mine which is located in Suriname. Geographically group functions all its business activity through Canada. Revenue for the firm is generated through royalty interest from the Rosebel gold mine.

Euro Ressources (Euro Ressources) Headlines

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