The Planting Hope Co (The Planting Hope Co) COGS-to-Revenue : 0.73 (As of Sep. 2023)

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What is The Planting Hope Co COGS-to-Revenue?

The Planting Hope Co's Cost of Goods Sold for the three months ended in Sep. 2023 was $1.16 Mil. Its Revenue for the three months ended in Sep. 2023 was $1.59 Mil.

The Planting Hope Co's COGS to Revenue for the three months ended in Sep. 2023 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. The Planting Hope Co's Gross Margin % for the three months ended in Sep. 2023 was 27.07%.

The Planting Hope Co COGS-to-Revenue Historical Data

The historical data trend for The Planting Hope Co'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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The Planting Hope Co COGS-to-Revenue Chart

The Planting Hope Co Annual Data

Trend

Dec21

Dec22

COGS-to-Revenue

0.54

0.75

The Planting Hope Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial					0.63	0.87	0.88	-	0.73

The Planting Hope Co COGS-to-Revenue Calculation

The Planting Hope Co's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6.716	/	8.981
	=	0.75

The Planting Hope Co's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.161	/	1.592
	=	0.73

The Planting Hope Co (OTCPK:MYLKF) COGS-to-Revenue Explanation

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

The Planting Hope Co's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1.161 / 1.592
	=	27.07 %

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.

The Planting Hope Co COGS-to-Revenue Related Terms

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The Planting Hope Co (The Planting Hope Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Planting Hope Co Inc (OTCPK:MYLKF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

J94:Germany MYLK:Canada

Address

725 Granville Street, Suite 400, Vancouver, BC, CAN, V7Y 1G5

Website

https://www.plantinghopecompany.com

The Planting Hope Co Inc develops, launches, and scales plant-based, nutritious, and planet-friendly food and beverage brands across the United States and Canada. The company's products fill key unmet needs in the skyrocketing plant-based food and beverage space. It focuses on nutrition, sustainability, and diversity, with an ongoing mission. Its brands include Hope and Sesame sesame milk, a sustainable dairy alternative that is nutritionally comparable to dairy milk; Mozaics real veggie chips, a popped alternative to fried potato chips featuring visible peas and beans as principal ingredients; Veggicopia single-serving plant-based dips cups and snack olives that have extended shelf-life, require no refrigeration and lowers the carbon footprint.