Coelacanth Energy (TSXV:CEI) COGS-to-Revenue : 0.45 (As of Dec. 2023)

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What is Coelacanth Energy COGS-to-Revenue?

Coelacanth Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was C$1.90 Mil. Its Revenue for the three months ended in Dec. 2023 was C$4.20 Mil.

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

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Coelacanth Energy's Gross Margin % for the three months ended in Dec. 2023 was 54.78%.

Coelacanth Energy COGS-to-Revenue Historical Data

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

Coelacanth Energy Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

0.77

0.53

0.57

Coelacanth Energy Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial						0.51	0.72	0.83	0.80	0.45

Coelacanth Energy COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.812	/	6.663
	=	0.57

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.901	/	4.204
	=	0.45

Coelacanth Energy (TSXV:CEI) COGS-to-Revenue Explanation

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

Coelacanth 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	-	1.901 / 4.204
	=	54.78 %

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.

Coelacanth Energy COGS-to-Revenue Related Terms

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Coelacanth Energy (TSXV:CEI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coelacanth Energy Inc (TSXV:CEI) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

CEIEF:USA

Address

530-8th Avenue SW, Suite 2110, Calgary, AB, CAN, T2P 3S8

Website

https://www.coelacanth.ca

Coelacanth Energy Inc is a Montney-focused oil and natural gas exploration and development company, actively engaged in the acquisition ,development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada with lands located in the Two Rivers area of northeastern British Columbia. Coelacanth owns approximately 140 (net) sections of Montney acreage in the Two Rivers and surrounding area and has identified approximately 8.9 billion bbls of Original Oil in Place (OOIP) and 8.6 tcf of Original Gas in Place across these lands.

Executives

Nolan Gregory Chicoine	Senior Officer
Peter James Roy Cochrane	Senior Officer
Jody Denis	Senior Officer
Harvey Doerr	Director
John Nandor Fur	Senior Officer
William Lancaster	Director
Tom Medvedic	Director
Robert John Zakresky	Senior Officer