Australis Oil & Gas (ASX:ATS) COGS-to-Revenue : 0.59 (As of Dec. 2023)

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What is Australis Oil & Gas COGS-to-Revenue?

Australis Oil & Gas's Cost of Goods Sold for the six months ended in Dec. 2023 was A$9.70 Mil. Its Revenue for the six months ended in Dec. 2023 was A$16.47 Mil.

Australis Oil & Gas's COGS to Revenue for the six months ended in Dec. 2023 was 0.59.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Australis Oil & Gas's Gross Margin % for the six months ended in Dec. 2023 was 41.09%.

Australis Oil & Gas COGS-to-Revenue Historical Data

The historical data trend for Australis Oil & Gas'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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Australis Oil & Gas COGS-to-Revenue Chart

Australis Oil & Gas Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.46

0.54

0.51

0.61

Australis Oil & Gas Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial										0.43	0.60	-	0.62	0.59

Australis Oil & Gas COGS-to-Revenue Calculation

Australis Oil & Gas's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	19.707	/	32.526
	=	0.61

Australis Oil & Gas's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9.704	/	16.473
	=	0.59

Australis Oil & Gas (ASX:ATS) COGS-to-Revenue Explanation

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

Australis Oil & Gas's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	9.704 / 16.473
	=	41.09 %

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.

Australis Oil & Gas COGS-to-Revenue Related Terms

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Australis Oil & Gas (ASX:ATS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Australis Oil & Gas Ltd (ASX:ATS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

215 Hay Street, Ground Floor, Subiaco, WA, AUS, 6008

Website

https://www.australisoil.com

Australis Oil & Gas Ltd engages in oil and gas exploration, development, and production activities. The company operates through Oil & Gas Production, Exploration, and Other segments. The Oil & Gas Production segment earns the majority of revenue.