Mexco Energy (FRA:MZB) COGS-to-Revenue : 0.48 (As of Dec. 2023)

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What is Mexco Energy COGS-to-Revenue?

Mexco Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.74 Mil. Its Revenue for the three months ended in Dec. 2023 was €1.52 Mil.

Mexco Energy's COGS to Revenue for the three months ended in Dec. 2023 was 0.48.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mexco Energy's Gross Margin % for the three months ended in Dec. 2023 was 51.61%.

Mexco Energy COGS-to-Revenue Historical Data

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

Mexco Energy Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

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0.65

0.64

0.40

0.37

Mexco 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															0.38	0.45	0.48	0.55	0.48

Mexco Energy COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.337	/	8.926
	=	0.37

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.735	/	1.519
	=	0.48

Mexco Energy (FRA:MZB) COGS-to-Revenue Explanation

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

Mexco 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	-	0.735 / 1.519
	=	51.61 %

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.

Mexco Energy COGS-to-Revenue Related Terms

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Mexco Energy (FRA:MZB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mexco Energy Corp (FRA:MZB) » Definitions » COGS-to-Revenue

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MXC:USA

Address

415 W. Wall Street, Suite 475, Midland, TX, USA, 79701

Website

https://www.mexcoenergy.com

Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.

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