ADX Energy (ADX Energy) COGS-to-Revenue : 0.67 (As of Dec. 2023)

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What is ADX Energy COGS-to-Revenue?

ADX Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was $2.85 Mil. Its Revenue for the six months ended in Dec. 2023 was $4.23 Mil.

ADX Energy's COGS to Revenue for the six months ended in Dec. 2023 was 0.67.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ADX Energy's Gross Margin % for the six months ended in Dec. 2023 was 32.62%.

ADX Energy COGS-to-Revenue Historical Data

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

ADX Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.60

0.87

0.61

0.51

0.72

ADX Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.60	0.45	0.56	0.76	0.67

ADX Energy COGS-to-Revenue Calculation

ADX 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
	=	6.415	/	8.894
	=	0.72

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.85	/	4.23
	=	0.67

ADX Energy (OTCPK:ADXRF) COGS-to-Revenue Explanation

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

ADX Energy's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2.85 / 4.23
	=	32.62 %

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.

ADX Energy COGS-to-Revenue Related Terms

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ADX Energy (ADX Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ADX Energy Ltd (OTCPK:ADXRF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GHU:Germany ADX:Australia

Address

29 Bay Road, Claremont, WA, AUS, 6008

Website

https://www.adxenergy.com.au

ADX Energy Ltd is engaged in oil and gas exploration. The reportable operating segments of the company are Sicily Channel Offshore Exploration and Evaluation Segment; Romania Exploration and Appraisal/Development Segment; and Austria Production Segment. The company generates key revenue from Austria Production Segment which includes assets and activities that are associated with oil and gas production in that region.

ADX Energy (ADX Energy) Headlines

From GuruFocus

Adx Energy Ltd at Vertical Events RIU Good Oil & Gas Energy Transcript

By GuruFocus Research • 02-12-2024