Surge Energy (Surge Energy) COGS-to-Revenue : 0.45 (As of Sep. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Surge Energy COGS-to-Revenue?

Surge Energy's Cost of Goods Sold for the three months ended in Sep. 2023 was $62.1 Mil. Its Revenue for the three months ended in Sep. 2023 was $137.7 Mil.

Surge Energy's COGS to Revenue for the three months ended in Sep. 2023 was 0.45.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Surge Energy's Gross Margin % for the three months ended in Sep. 2023 was 54.89%.

Surge Energy COGS-to-Revenue Historical Data

The historical data trend for Surge 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.

* Premium members only.

Surge Energy COGS-to-Revenue Chart

Surge Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

Get a 7-Day Free Trial

0.51

0.54

0.60

0.41

0.37

Surge Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.40	0.36	0.45	0.45	0.45

Surge Energy COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	198.649	/	540.648
	=	0.37

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	62.11	/	137.674
	=	0.45

Surge Energy (OTCPK:ZPTAF) COGS-to-Revenue Explanation

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

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

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	62.11 / 137.674
	=	54.89 %

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.

Surge Energy COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Surge Energy's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Surge Energy (Surge Energy) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

41Z0:Germany SGY:Canada

Address

520 - 3rd Avenue SW, Centennial Place - East Tower, Suite 1200, Calgary, AB, CAN, T2P 0R3

Website

https://www.surgeenergy.ca

Surge Energy Inc is engaged in the exploration, development, and production of oil and gas from properties in western Canada. The company generates its revenue from the sale of petroleum and natural gas products such as Oil, Natural gas liquids and Natural gas, of which a majority of the revenue is derived from the sale of oil.

Surge Energy (Surge Energy) Headlines

From GuruFocus

Surge Energy Inc Corporate Analyst Meeting Transcript

By GuruFocus Research • 02-15-2024