CIA Energetica Do Ceara - COELCE (BSP:COCE5) COGS-to-Revenue : 0.93 (As of Dec. 2023)

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What is CIA Energetica Do Ceara - COELCE COGS-to-Revenue?

CIA Energetica Do Ceara - COELCE's Cost of Goods Sold for the three months ended in Dec. 2023 was R$1,820 Mil. Its Revenue for the three months ended in Dec. 2023 was R$1,964 Mil.

CIA Energetica Do Ceara - COELCE's COGS to Revenue for the three months ended in Dec. 2023 was 0.93.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CIA Energetica Do Ceara - COELCE's Gross Margin % for the three months ended in Dec. 2023 was 7.35%.

CIA Energetica Do Ceara - COELCE COGS-to-Revenue Historical Data

The historical data trend for CIA Energetica Do Ceara - COELCE'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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CIA Energetica Do Ceara - COELCE COGS-to-Revenue Chart

CIA Energetica Do Ceara - COELCE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.94

0.56

0.89

0.88

CIA Energetica Do Ceara - COELCE 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															0.87	0.88	0.86	0.86	0.93

CIA Energetica Do Ceara - COELCE COGS-to-Revenue Calculation

CIA Energetica Do Ceara - COELCE's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7020.888	/	7951.706
	=	0.88

CIA Energetica Do Ceara - COELCE's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1820.003	/	1964.397
	=	0.93

CIA Energetica Do Ceara - COELCE (BSP:COCE5) COGS-to-Revenue Explanation

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

CIA Energetica Do Ceara - COELCE'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	-	1820.003 / 1964.397
	=	7.35 %

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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CIA Energetica Do Ceara - COELCE (BSP:COCE5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CIA Energetica Do Ceara - COELCE (BSP:COCE5) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

COCE3:Brazil

Address

R Padre Valdevino 150, Fortaleza, CE, BRA, 60135040

Website

https://www.coelce.com.br

CIA Energetica Do Ceara - COELCE is primarily engaged in the generation and sale of electricity business activities. It also involved in development, distribution, and marketing of electrical power. In addition, the company involved in the distribution of electrical power for industrial, rural, public and residential consumption. It derives most of its revenues from the sale of the electricity business activities and has operations spread across Brazil.

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