Alvopetro Energy (Alvopetro Energy) COGS-to-Revenue : 0.25 (As of Dec. 2023)

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What is Alvopetro Energy COGS-to-Revenue?

Alvopetro Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $3.75 Mil. Its Revenue for the three months ended in Dec. 2023 was $15.30 Mil.

Alvopetro Energy's COGS to Revenue for the three months ended in Dec. 2023 was 0.25.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Alvopetro Energy's Gross Margin % for the three months ended in Dec. 2023 was 75.47%.

Alvopetro Energy COGS-to-Revenue Historical Data

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

Alvopetro Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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2.27

0.37

0.40

0.24

0.23

Alvopetro Energy 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	0.20	0.22	0.24	0.25

Alvopetro Energy COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	13.536	/	59.687
	=	0.23

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.753	/	15.3
	=	0.25

Alvopetro Energy (OTCPK:ALVOF) COGS-to-Revenue Explanation

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

Alvopetro Energy'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	-	3.753 / 15.3
	=	75.47 %

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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Alvopetro Energy (Alvopetro Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Alvopetro Energy Ltd (OTCPK:ALVOF) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

ALV:Canada

Address

215 - 9th Avenue SW, Suite 1920, Calgary, AB, CAN, T2P 1K3

Website

https://www.alvopetro.com

Alvopetro Energy Ltd is a Canada-based resource company engaged in the exploration, acquisition, development, and production of hydrocarbons in Brazil. It generates revenue from Natural gas, oil, and condensate sales, and all of its revenue is derived from Brazil. All natural gas, oil and condensate sales revenue is derived from Brazilian operations. All exploration and evaluation assets and all material property, plant and equipment are located in Brazil.