Tilray Brands (TSX:TLRY) COGS-to-Revenue : 0.74 (As of Feb. 2024)

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What is Tilray Brands COGS-to-Revenue?

Tilray Brands's Cost of Goods Sold for the three months ended in Feb. 2024 was C$188 Mil. Its Revenue for the three months ended in Feb. 2024 was C$254 Mil.

Tilray Brands's COGS to Revenue for the three months ended in Feb. 2024 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tilray Brands's Gross Margin % for the three months ended in Feb. 2024 was 26.23%.

Tilray Brands COGS-to-Revenue Historical Data

The historical data trend for Tilray Brands'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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Tilray Brands COGS-to-Revenue Chart

Tilray Brands Annual Data

Trend

Aug14

May15

May16

May17

May18

May19

May20

May21

May22

May23

COGS-to-Revenue

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0.76

0.81

0.77

Tilray Brands Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
COGS-to-Revenue	Get a 7-Day Free Trial															1.08	0.64	0.75	0.76	0.74

Tilray Brands COGS-to-Revenue Calculation

Tilray Brands's COGS to Revenue for the fiscal year that ended in May. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	649.038	/	847.684
	=	0.77

Tilray Brands's COGS to Revenue for the quarter that ended in Feb. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	187.574	/	254.259
	=	0.74

Tilray Brands (TSX:TLRY) COGS-to-Revenue Explanation

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

Tilray Brands's Gross Margin % for the three months ended in Feb. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	187.574 / 254.259
	=	26.23 %

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.

Tilray Brands COGS-to-Revenue Related Terms

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Tilray Brands (TSX:TLRY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Tilray Brands Inc (TSX:TLRY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TLRY:USA 2HQ:Germany TLRY:Austria

Address

265 Talbot Street West, Leamington, ON, CAN, N8H 5L4

Website

https://www.tilray.com

Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. U.S. exposure consists of CBD products and alcohol.