Razor Energy (Razor Energy) COGS-to-Revenue : 0.33 (As of Sep. 2023)

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What is Razor Energy COGS-to-Revenue?

Razor Energy's Cost of Goods Sold for the three months ended in Sep. 2023 was $6.21 Mil. Its Revenue for the three months ended in Sep. 2023 was $18.80 Mil.

Razor Energy's COGS to Revenue for the three months ended in Sep. 2023 was 0.33.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Razor Energy's Gross Margin % for the three months ended in Sep. 2023 was 66.97%.

Razor Energy COGS-to-Revenue Historical Data

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

Razor Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.46

0.45

0.43

0.36

0.40

Razor 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															0.45	0.41	0.44	0.35	0.33

Razor Energy COGS-to-Revenue Calculation

Razor 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
	=	45.065	/	111.495
	=	0.40

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6.21	/	18.8
	=	0.33

Razor Energy (OTCPK:RZREF) COGS-to-Revenue Explanation

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

Razor 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	-	6.21 / 18.8
	=	66.97 %

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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Razor Energy (Razor Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Razor Energy Corp (OTCPK:RZREF) » Definitions » COGS-to-Revenue

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R9N:Germany RZE:Canada

Address

500-5th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3L5

Website

https://www.razor-energy.com

Razor Energy Corp is a junior oil and gas development and production company. The company is focused on the acquisition and production of oil and gas properties in Alberta. It is involved in the production and development of light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations.