Trident Royalties (LSE:TRR) COGS-to-Revenue : 0.57 (As of Dec. 2023)

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What is Trident Royalties COGS-to-Revenue?

Trident Royalties's Cost of Goods Sold for the six months ended in Dec. 2023 was £2.26 Mil. Its Revenue for the six months ended in Dec. 2023 was £3.95 Mil.

Trident Royalties's COGS to Revenue for the six months ended in Dec. 2023 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Trident Royalties's Gross Margin % for the six months ended in Dec. 2023 was 42.94%.

Trident Royalties COGS-to-Revenue Historical Data

The historical data trend for Trident Royalties'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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Trident Royalties COGS-to-Revenue Chart

Trident Royalties Annual Data

Trend

Apr19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.72

0.24

0.62

0.56

Trident Royalties Semi-Annual Data
	Oct18	Apr19	Oct19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial						1.60	0.58	0.64	0.56	0.57

Trident Royalties COGS-to-Revenue Calculation

Trident Royalties's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.239	/	7.522
	=	0.56

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.255	/	3.952
	=	0.57

Trident Royalties (LSE:TRR) COGS-to-Revenue Explanation

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

Trident Royalties'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	-	2.255 / 3.952
	=	42.94 %

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.

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Trident Royalties (LSE:TRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trident Royalties PLC (LSE:TRR) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

TDTRF:USA 5KV:Germany

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.tridentroyalties.com

Trident Royalties PLC is a growth-focused diversified mining royalty and streaming company. The company is aiming to provide investors with exposure to a mix of base and precious metals, bulk materials (excluding thermal coal), and battery metals. Its reportable segments involve Precious, Bulk/Battery Metals, and Base.