Oil & Natural Gas (BOM:500312) COGS-to-Revenue : 0.71 (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Oil & Natural Gas COGS-to-Revenue?

Oil & Natural Gas's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹1,167,617 Mil. Its Revenue for the three months ended in Dec. 2023 was ₹1,655,691 Mil.

Oil & Natural Gas's COGS to Revenue for the three months ended in Dec. 2023 was 0.71.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Oil & Natural Gas's Gross Margin % for the three months ended in Dec. 2023 was 29.48%.

Oil & Natural Gas COGS-to-Revenue Historical Data

The historical data trend for Oil & Natural Gas'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.

* Premium members only.

Oil & Natural Gas COGS-to-Revenue Chart

Oil & Natural Gas Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

Get a 7-Day Free Trial

0.74

0.78

0.76

0.67

0.70

Oil & Natural Gas 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															0.70	0.67	0.66	0.61	0.71

Oil & Natural Gas COGS-to-Revenue Calculation

Oil & Natural Gas's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4808733.5	/	6848292.2
	=	0.70

Oil & Natural Gas's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1167617	/	1655690.6
	=	0.71

Oil & Natural Gas (BOM:500312) COGS-to-Revenue Explanation

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

Oil & Natural Gas'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	-	1167617 / 1655690.6
	=	29.48 %

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.

Oil & Natural Gas COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Oil & Natural Gas's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Oil & Natural Gas (BOM:500312) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil & Natural Gas Corp Ltd (BOM:500312) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ONGC:India

Address

Plot No. 5A-5B, Nelson Mandela Road, Deendayal Urja Bhawan, Vasant Kunj, New Delhi, IND, 110070

Website

https://www.ongcindia.com

Oil & Natural Gas Corp Ltd is an Indian-based company. It engages in the exploration, development, and production of oil and natural gas. The company operates onshore and offshore fields globally through joint ventures and partnerships. Crude oil production has been the lead revenue generator, with Russian assets providing the most production. Apart from the exploration and production operations, it engages in the transportation and refining of hydrocarbon products. Oil and Natural Gas Corp carries out its business as a public sector undertaking for the Government of India.

Oil & Natural Gas (BOM:500312) Headlines

No Headlines