Desert Mountain Energy (TSXV:DME) COGS-to-Revenue : 1.88 (As of Mar. 2024)

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What is Desert Mountain Energy COGS-to-Revenue?

Desert Mountain Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.29 Mil. Its Revenue for the three months ended in Mar. 2024 was C$0.15 Mil.

Desert Mountain Energy's COGS to Revenue for the three months ended in Mar. 2024 was 1.88.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Desert Mountain Energy's Gross Margin % for the three months ended in Mar. 2024 was -87.66%.

Desert Mountain Energy COGS-to-Revenue Historical Data

The historical data trend for Desert Mountain Energy'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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Desert Mountain Energy COGS-to-Revenue Chart

Desert Mountain Energy Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

COGS-to-Revenue

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0.45

0.50

Desert Mountain Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.39	0.50	0.67	0.44	1.88

Desert Mountain Energy COGS-to-Revenue Calculation

Desert Mountain Energy's COGS to Revenue for the fiscal year that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.879	/	1.744
	=	0.50

Desert Mountain Energy's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.289	/	0.154
	=	1.88

Desert Mountain Energy (TSXV:DME) COGS-to-Revenue Explanation

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

Desert Mountain Energy'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	-	0.289 / 0.154
	=	-87.66 %

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.

Desert Mountain Energy COGS-to-Revenue Related Terms

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Desert Mountain Energy (TSXV:DME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Desert Mountain Energy Corp (TSXV:DME) » Definitions » COGS-to-Revenue

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DMEHF:USA QM01:Germany

Address

750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7

Website

https://www.desertmountainenergy.com

Desert Mountain Energy Corp is a forward-looking resource company actively engaged in the exploration and development of Helium and Rare Earth Gas properties in the U.S. Southwest. The company's projects include Holbrook Helium Project and the Noble gas project.

Executives

Valorie Farley

Senior Officer

Desert Mountain Energy (TSXV:DME) Headlines

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