Switch to:
Energy Transfer Partners, L.P. (NYSE:ETP)
COGS to Revenue
0.93 (As of Dec. 2013)

Energy Transfer Partners, L.P.'s cost of goods sold for the three months ended in Dec. 2013 was $11,165 Mil. Its revenue for the three months ended in Dec. 2013 was $12,032 Mil.

Energy Transfer Partners, L.P.'s COGS to Revenue for the three months ended in Dec. 2013 was 0.93.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Energy Transfer Partners, L.P.'s Gross Margin for the three months ended in Dec. 2013 was 7.21%.


Definition

Energy Transfer Partners, L.P.'s COGS to Revenue for the fiscal year that ended in Dec. 2013 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=42592 / 46339
=0.92

Energy Transfer Partners, L.P.'s COGS to Revenue for the quarter that ended in Dec. 2013 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=11165 / 12032
=0.93

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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

Energy Transfer Partners, L.P.'s Gross Margin for the three months ended in Dec. 2013 is calculated as:

Gross Margin=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 11165 / 12032
=7.21 %

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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”.


Related Terms

Cost of Goods Sold, Gross Margin, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Energy Transfer Partners, L.P. Annual Data

Aug04Aug05Aug06Aug07Dec08Dec09Dec10Dec11Dec12Dec13
cogs2rev 0.910.920.840.750.830.700.730.730.840.92

Energy Transfer Partners, L.P. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
cogs2rev 0.740.720.690.620.660.920.910.910.920.93
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide