Oil India (NSE:OIL) COGS-to-Revenue : 0.48 (As of Mar. 2024)

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What is Oil India COGS-to-Revenue?

Oil India's Cost of Goods Sold for the three months ended in Mar. 2024 was ₹43,997 Mil. Its Revenue for the three months ended in Mar. 2024 was ₹91,470 Mil.

Oil India's COGS to Revenue for the three months ended in Mar. 2024 was 0.48.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Oil India's Gross Margin % for the three months ended in Mar. 2024 was 51.90%.

Oil India COGS-to-Revenue Historical Data

The historical data trend for Oil India'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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Oil India COGS-to-Revenue Chart

Oil India Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

COGS-to-Revenue

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0.37

0.31

0.38

0.44

0.47

Oil India Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.36	0.53	0.37	0.51	0.48

Oil India COGS-to-Revenue Calculation

Oil India's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	153455.4	/	324660.3
	=	0.47

Oil India's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	43996.5	/	91470.1
	=	0.48

Oil India (NSE:OIL) COGS-to-Revenue Explanation

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

Oil India's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	43996.5 / 91470.1
	=	51.90 %

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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Oil India (NSE:OIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil India Ltd (NSE:OIL) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

533106:India

Address

Plot No. 19, Sector - 16A, Near Film City, Noida, UP, IND, 201301

Website

https://www.oil-india.com

Oil India Ltd. engages in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas. It also transports and refines crude oil, and provides various exploration and production services. Crude oil sales are the revenue generator for the firm. Oil India counts on a variety of different systems and processes to acquire reservoir information and to interpret geo-scientific data. The company has experience in managing the entire range of operations required for onshore oil and gas production. It has built expertise in wellbore servicing, installation, operation, and maintenance of modern surface handling facilities.