Panoro Energy ASA (Panoro Energy ASA) COGS-to-Revenue : 0.22 (As of Dec. 2023)

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What is Panoro Energy ASA COGS-to-Revenue?

Panoro Energy ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was $12.1 Mil. Its Revenue for the three months ended in Dec. 2023 was $53.8 Mil.

Panoro Energy ASA's COGS to Revenue for the three months ended in Dec. 2023 was 0.22.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Panoro Energy ASA's Gross Margin % for the three months ended in Dec. 2023 was 77.54%.

Panoro Energy ASA COGS-to-Revenue Historical Data

The historical data trend for Panoro Energy ASA'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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Panoro Energy ASA COGS-to-Revenue Chart

Panoro Energy ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.15

0.26

0.23

0.19

0.17

Panoro Energy ASA 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															0.24	0.10	-0.60	0.11	0.22

Panoro Energy ASA COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	39.687	/	227.476
	=	0.17

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	12.087	/	53.825
	=	0.22

Panoro Energy ASA (OTCPK:PESAF) COGS-to-Revenue Explanation

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

Panoro Energy ASA'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	-	12.087 / 53.825
	=	77.54 %

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.

Panoro Energy ASA COGS-to-Revenue Related Terms

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Panoro Energy ASA (Panoro Energy ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Panoro Energy ASA (OTCPK:PESAF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

PENO:Sweden PEN:Norway 1PZ:Germany 1PZ:Germany

Address

c/o Advokatfirma Schjodt AS, Tordenskiolds gate 12, P.O. Box 2444, Solli, Oslo, NOR, 0201

Website

https://www.panoroenergy.com

Panoro Energy ASA is a Norway based exploration and production company principally engaged in the exploration of oil and gas. The Group has four reportable segments by geographic locations in Equatorial Guinea, Gabon, Tunisia and South Africa.

Panoro Energy ASA (Panoro Energy ASA) Headlines

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