Gitennes Exploration (Gitennes Exploration) COGS-to-Revenue : 0.00 (As of Dec. 2023)

Gitennes Exploration COGS-to-Revenue Chart

Gitennes Exploration Annual Data
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Gitennes Exploration Quarterly Data
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Gitennes Exploration COGS-to-Revenue Calculation

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

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

* 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.

Gitennes Exploration  (OTCPK:GILXF) COGS-to-Revenue Explanation

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

Gitennes Exploration's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

* 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.

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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Gitennes Exploration (Gitennes Exploration) Business Description