PetroTX LP (XTAE:PTX) COGS-to-Revenue

: 0.81 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

PetroTX LP's Cost of Goods Sold for the three months ended in Dec. 2023 was ₪6.07 Mil. Its Revenue for the three months ended in Dec. 2023 was ₪7.51 Mil.

PetroTX LP's COGS to Revenue for the three months ended in Dec. 2023 was 0.81.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. PetroTX LP's Gross Margin % for the three months ended in Dec. 2023 was 19.12%.

PetroTX LP COGS-to-Revenue Historical Data

The historical data trend for PetroTX LP'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.

PetroTX LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.76

0.97

0.71

0.60

0.93

PetroTX LP 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															0.68	0.92	1.09	0.88	0.81

PetroTX LP COGS-to-Revenue Calculation

PetroTX LP's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	31.232	/	33.752
	=	0.93

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	6.072	/	7.507
	=	0.81

PetroTX LP (XTAE:PTX) COGS-to-Revenue Explanation

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

PetroTX LP'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	-	6.072 / 7.507
	=	19.12 %

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.

PetroTX LP COGS-to-Revenue Related Terms

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

PetroTX LP (XTAE:PTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroTX LP (XTAE:PTX) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Menachem Begin 144/A, Midtown Tower, Tel Aviv, ISR, 6492124

Website

https://www.petrotxlp.com

PetroTX LP is engaged in oil and gas investments. The company develops an investment portfolio through the acquisitions of oil and gas producing properties in the United States. It also seeks for expansion through additional drilling or completion activities. Its properties portfolio consists of assets in the states of Texas and Mississippi.

PetroTX LP (XTAE:PTX) Headlines

No Headlines