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Petrofac (Petrofac) COGS-to-Revenue : 1.00 (As of Jun. 2023)


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What is Petrofac COGS-to-Revenue?

Petrofac's Cost of Goods Sold for the six months ended in Jun. 2023 was $1,201 Mil. Its Revenue for the six months ended in Jun. 2023 was $1,207 Mil.

Petrofac's COGS to Revenue for the six months ended in Jun. 2023 was 1.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Petrofac's Gross Margin % for the six months ended in Jun. 2023 was 0.50%.


Petrofac COGS-to-Revenue Historical Data

The historical data trend for Petrofac'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.

Petrofac COGS-to-Revenue Chart

Petrofac Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.89 0.93 0.96 1.03

Petrofac Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.98 0.92 1.13 1.00

Petrofac COGS-to-Revenue Calculation

Petrofac's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=2667 / 2591
=1.03

Petrofac's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1201 / 1207
=1.00

* 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.


Petrofac  (OTCPK:POFCY) COGS-to-Revenue Explanation

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

Petrofac's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 1201 / 1207
=0.50 %

* 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.

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.


Petrofac COGS-to-Revenue Related Terms

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Petrofac (Petrofac) Business Description

Traded in Other Exchanges
Address
26 New Street, St Helier, JEY, JE2 3RA
Petrofac Ltd provides engineering and construction services to the oil and gas production and processing industry. It designs, builds, operates and maintains oil and gas facilities. The operating segments of the company include Engineering and Construction, Asset solutions, and Integrated energy services. It derives the majority of the revenue from Engineering and Construction which provides fixed-price engineering, procurement and construction project execution services and reimbursable engineering, procurement and construction management services to the onshore and offshore oil and gas industry. The company operates worldwide and generates most of its revenue from the United kingdom.