Allied Gold (TSX:AAUC) COGS-to-Revenue : 0.79 (As of Mar. 2024)

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What is Allied Gold COGS-to-Revenue?

Allied Gold's Cost of Goods Sold for the three months ended in Mar. 2024 was C$186.1 Mil. Its Revenue for the three months ended in Mar. 2024 was C$237.0 Mil.

Allied Gold's COGS to Revenue for the three months ended in Mar. 2024 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Allied Gold's Gross Margin % for the three months ended in Mar. 2024 was 21.49%.

Allied Gold COGS-to-Revenue Historical Data

The historical data trend for Allied Gold'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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Allied Gold COGS-to-Revenue Chart

Allied Gold Annual Data

Trend

Dec22

Dec23

COGS-to-Revenue

0.81

0.84

Allied Gold Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial			0.89	0.86	0.82	0.85	0.79

Allied Gold COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	736.406	/	879.675
	=	0.84

Allied Gold's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	186.05	/	236.971
	=	0.79

Allied Gold (TSX:AAUC) COGS-to-Revenue Explanation

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

Allied Gold's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	186.05 / 236.971
	=	21.49 %

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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Allied Gold (TSX:AAUC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allied Gold Corp (TSX:AAUC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

AAUCF:USA

Address

40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Pacific Centre, Toronto, ON, CAN, M5H 0B4

Website

Allied Gold Corp is a company focused on gold mining asset transformation in Africa. Allied has three mines and several development and exploration projects in Africa where it has significant operating experience. Operations are located in Cote d'Ivoire, Mali, Ethiopia and Egypt. The company aspires to become a mid-tier next-generation gold producer in Africa.

Executives

Gerardo Fernandez-tobar

Senior Officer

Allied Gold (TSX:AAUC) Headlines

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