Petrol AD (XBUL:PET) COGS-to-Revenue : 0.03 (As of Mar. 2023)

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What is Petrol AD COGS-to-Revenue?

Petrol AD's Cost of Goods Sold for the three months ended in Mar. 2023 was лв4.5 Mil. Its Revenue for the three months ended in Mar. 2023 was лв138.8 Mil.

Petrol AD's COGS to Revenue for the three months ended in Mar. 2023 was 0.03.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Petrol AD's Gross Margin % for the three months ended in Mar. 2023 was 96.73%.

Petrol AD COGS-to-Revenue Historical Data

The historical data trend for Petrol AD'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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Petrol AD COGS-to-Revenue Chart

Petrol AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.90

0.89

0.87

0.90

0.93

Petrol AD Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Mar23
COGS-to-Revenue	Get a 7-Day Free Trial															3.53	0.02	1.50	-	0.03

Petrol AD COGS-to-Revenue Calculation

Petrol AD's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	757.571	/	812.431
	=	0.93

Petrol AD's COGS to Revenue for the quarter that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.532	/	138.78
	=	0.03

Petrol AD (XBUL:PET) COGS-to-Revenue Explanation

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

Petrol AD's Gross Margin % for the three months ended in Mar. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	4.532 / 138.78
	=	96.73 %

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.

Petrol AD COGS-to-Revenue Related Terms

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Petrol AD (XBUL:PET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrol AD (XBUL:PET) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

bul. Cherni vrah 43, rayon Lozenets, Sofia, BGR, 1407

Website

http://www.petrol.bg

Petrol AD is engaged in the distribution of fuels in Bulgaria. Its other business activities comprise selling of fuel at retail and wholesale, storage of fuels and maintenance of fuel sales facilities.