Azimut Exploration (TSXV:AZM) COGS-to-Revenue : 0.34 (As of Feb. 2024)

View and export this data going back to 2001. Start your Free Trial

What is Azimut Exploration COGS-to-Revenue?

Azimut Exploration's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.04 Mil. Its Revenue for the three months ended in Feb. 2024 was C$0.11 Mil.

Azimut Exploration's COGS to Revenue for the three months ended in Feb. 2024 was 0.34.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Azimut Exploration's Gross Margin % for the three months ended in Feb. 2024 was 66.36%.

Azimut Exploration COGS-to-Revenue Historical Data

The historical data trend for Azimut Exploration'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.

Azimut Exploration COGS-to-Revenue Chart

Azimut Exploration Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

COGS-to-Revenue

Get a 7-Day Free Trial

0.02

0.33

0.19

0.58

0.57

Azimut Exploration 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															3.75	0.23	0.76	0.44	0.34

Azimut Exploration COGS-to-Revenue Calculation

Azimut Exploration's COGS to Revenue for the fiscal year that ended in Aug. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.08	/	0.14
	=	0.57

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.036	/	0.107
	=	0.34

Azimut Exploration (TSXV:AZM) COGS-to-Revenue Explanation

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

Azimut Exploration'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	-	0.036 / 0.107
	=	66.36 %

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.

Azimut Exploration COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Azimut Exploration's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Azimut Exploration (TSXV:AZM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Azimut Exploration Inc (TSXV:AZM) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

AZMTF:USA

Address

110 Rue De La Barre, Bureau 224, Longueuil, QC, CAN, J4K 1A3

Website

http://www.azimut-exploration.com

Azimut Exploration Inc is engaged in the acquisition, exploration, and evaluation of mineral properties. Its projects include Elmer property, JB lithium propety, Wabamisk property, Chromaska property and others in the James Bay region and Rex-Duquet, Nantais, Doran property and others in the Nunavik region of Quebec. It mainly explores gold, nickel, lithium, chromium and other minerals and metals.

Executives

Jonathan Rosset	Senior Officer
Christiane Bergevin	Director

Azimut Exploration (TSXV:AZM) Headlines

No Headlines