Worley (Worley) COGS-to-Revenue : 0.94 (As of Dec. 2023)

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What is Worley COGS-to-Revenue?

Worley's Cost of Goods Sold for the six months ended in Dec. 2023 was $3,801 Mil. Its Revenue for the six months ended in Dec. 2023 was $4,060 Mil.

Worley's COGS to Revenue for the six months ended in Dec. 2023 was 0.94.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Worley's Gross Margin % for the six months ended in Dec. 2023 was 6.38%.

Worley COGS-to-Revenue Historical Data

The historical data trend for Worley'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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Worley COGS-to-Revenue Chart

Worley Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

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0.93

0.94

0.95

0.94

Worley Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.94	0.93	0.94	0.93	0.94

Worley COGS-to-Revenue Calculation

Worley's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7115.436	/	7600
	=	0.94

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3801.205	/	4060.241
	=	0.94

Worley (OTCPK:WYGPF) COGS-to-Revenue Explanation

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

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

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3801.205 / 4060.241
	=	6.38 %

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.

Worley COGS-to-Revenue Related Terms

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Worley (Worley) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Worley Ltd (OTCPK:WYGPF) » Definitions » COGS-to-Revenue

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WYGPY:USA WOR:Australia

Address

141 Walker Street, Level 17, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.worley.com

Worley is a leading global provider of professional services, such as engineering, procurement, and construction management, to the oil, gas, mining, power, and infrastructure sectors. Purchase of Jacobs ECR in April 2019 reduced revenue contribution from hydrocarbons to just over 50%, from a prior 75%-80% position. Metals and mining contributes 23% and infrastructure and chemicals the balance. Worley has a global presence with about 59,000 staff in more than 50 countries. It has a strong presence in many developing economies, including Africa.