Tidewater Renewables (TSX:LCFS) COGS-to-Revenue : 0.72 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Tidewater Renewables COGS-to-Revenue?

Tidewater Renewables's Cost of Goods Sold for the three months ended in Mar. 2024 was C$79.7 Mil. Its Revenue for the three months ended in Mar. 2024 was C$111.2 Mil.

Tidewater Renewables's COGS to Revenue for the three months ended in Mar. 2024 was 0.72.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tidewater Renewables's Gross Margin % for the three months ended in Mar. 2024 was 28.36%.

Tidewater Renewables COGS-to-Revenue Historical Data

The historical data trend for Tidewater Renewables'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.

Tidewater Renewables COGS-to-Revenue Chart

Tidewater Renewables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.39

0.55

Tidewater Renewables Quarterly Data
	Dec18	Dec19	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial												0.44	0.50	0.48	0.66	0.72

Tidewater Renewables COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	53.629	/	97.679
	=	0.55

Tidewater Renewables's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	79.693	/	111.239
	=	0.72

Tidewater Renewables (TSX:LCFS) COGS-to-Revenue Explanation

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

Tidewater Renewables'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	-	79.693 / 111.239
	=	28.36 %

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.

Tidewater Renewables COGS-to-Revenue Related Terms

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

Tidewater Renewables (TSX:LCFS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tidewater Renewables Ltd (TSX:LCFS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TDWRF:USA 7GZ:Germany

Address

222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4

Website

https://www.tidewatermidstream.com

Tidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. It is focused on the production of low-carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The corporation generates revenue from the sale of renewable products. The renewable energy operating segment includes the following revenue categories: renewable fuels and renewable natural gas.

Executives

Bryan Philip Morin

Senior Officer

Tidewater Renewables (TSX:LCFS) Headlines

No Headlines