Gibson Energy (Gibson Energy) COGS-to-Revenue : 0.95 (As of Dec. 2023)

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What is Gibson Energy COGS-to-Revenue?

Gibson Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,997 Mil. Its Revenue for the three months ended in Dec. 2023 was $2,094 Mil.

Gibson Energy's COGS to Revenue for the three months ended in Dec. 2023 was 0.95.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Gibson Energy's Gross Margin % for the three months ended in Dec. 2023 was 4.62%.

Gibson Energy COGS-to-Revenue Historical Data

The historical data trend for Gibson 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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Gibson Energy COGS-to-Revenue Chart

Gibson Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.95

0.94

0.96

Gibson Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.95	0.94	0.96	0.97	0.95

Gibson Energy COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7849.856	/	8210.118
	=	0.96

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1997.355	/	2094.166
	=	0.95

Gibson Energy (OTCPK:GBNXF) COGS-to-Revenue Explanation

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

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

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1997.355 / 2094.166
	=	4.62 %

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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Gibson Energy (Gibson Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gibson Energy Inc (OTCPK:GBNXF) » Definitions » COGS-to-Revenue

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8GB:Germany GEI:Canada

Address

440 - 2nd Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 5E9

Website

https://www.gibsonenergy.com

Gibson Energy Inc. is an oil infrastructure company that collects, stores, and processes crude oil and refined products. Reportable segments include marketing, which deals with buying, selling, and optimizing products such as crude oil, natural gas liquid, road asphalt, and oil-based mud product; and infrastructure, which makes up a system of oil terminals, rail loading facilities, pipelines, and an oil processing facility. Gibson Energy Inc. services Canada and the United States, and the majority of revenue comes from the marketing segment.