Simply Solventless Concentrates (TSXV:HASH) COGS-to-Revenue : 0.51 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Simply Solventless Concentrates COGS-to-Revenue?

Simply Solventless Concentrates's Cost of Goods Sold for the three months ended in Mar. 2024 was C$1.18 Mil. Its Revenue for the three months ended in Mar. 2024 was C$2.30 Mil.

Simply Solventless Concentrates's COGS to Revenue for the three months ended in Mar. 2024 was 0.51.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Simply Solventless Concentrates's Gross Margin % for the three months ended in Mar. 2024 was 48.61%.

Simply Solventless Concentrates COGS-to-Revenue Historical Data

The historical data trend for Simply Solventless Concentrates'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.

Simply Solventless Concentrates COGS-to-Revenue Chart

Simply Solventless Concentrates Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

1.42

0.99

0.44

Simply Solventless Concentrates Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial				0.30	0.91	0.65	-1.23	0.51

Simply Solventless Concentrates COGS-to-Revenue Calculation

Simply Solventless Concentrates's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.695	/	6.192
	=	0.44

Simply Solventless Concentrates's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.181	/	2.298
	=	0.51

Simply Solventless Concentrates (TSXV:HASH) COGS-to-Revenue Explanation

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

Simply Solventless Concentrates'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	-	1.181 / 2.298
	=	48.61 %

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.

Simply Solventless Concentrates COGS-to-Revenue Related Terms

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

Simply Solventless Concentrates (TSXV:HASH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Simply Solventless Concentrates Ltd (TSXV:HASH) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

273209 Range Road 20, Rocky View County, AB, CAN, T4B 4P2

Website

https://www.simplysolventless.ca

Simply Solventless Concentrates Ltd is a company that provides pure, potent, terpene-rich solvent less concentrates to discerning cannabis consumers.

Executives

William Colin Macdonald	10% Security Holder, Director
Jeffrey Philip James Swainson	10% Security Holder, Director, Senior Officer

Simply Solventless Concentrates (TSXV:HASH) Headlines

No Headlines