Nexxus Petro Industries (BOM:544265) COGS-to-Revenue : 0.95 (As of Mar. 2024)

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What is Nexxus Petro Industries COGS-to-Revenue?

Nexxus Petro Industries's Cost of Goods Sold for the six months ended in Mar. 2024 was ₹2,253 Mil. Its Revenue for the six months ended in Mar. 2024 was ₹2,371 Mil.

Nexxus Petro Industries's COGS to Revenue for the six months ended in Mar. 2024 was 0.95.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Nexxus Petro Industries's Gross Margin % for the six months ended in Mar. 2024 was 4.96%.

Nexxus Petro Industries COGS-to-Revenue Historical Data

The historical data trend for Nexxus Petro Industries'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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Nexxus Petro Industries COGS-to-Revenue Chart

Nexxus Petro Industries Annual Data

Trend

Mar22

Mar23

Mar24

COGS-to-Revenue

0.96

0.95

Nexxus Petro Industries Semi-Annual Data
	Mar22	Mar23	Mar24
COGS-to-Revenue	0.96	0.96	0.95

Nexxus Petro Industries COGS-to-Revenue Calculation

Nexxus Petro Industries's COGS to Revenue for the fiscal year that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2253.037	/	2370.71
	=	0.95

Nexxus Petro Industries's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2253.037	/	2370.71
	=	0.95

Nexxus Petro Industries (BOM:544265) COGS-to-Revenue Explanation

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

Nexxus Petro Industries's Gross Margin % for the six months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	2253.037 / 2370.71
	=	4.96 %

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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Nexxus Petro Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nexxus Petro Industries Ltd (BOM:544265) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

SP Ring Road, Near Shantipura Circle, Swati Trinity, B-811, Applewoods Township, Sanathal Sanand, Sarkhej, Dascroi, Ahmedabad, GJ, IND, 382210

Website

https://www.nexxusgroup.co.in

Nexxus Petro Industries Ltd is engaged in trading, manufacturing and selling of Petrochem products namely Bitumen products. Its product is widely used in the infrastructure sector and the road construction industry. It variety of products includes various grades of Bitumen which are classified on the basis of viscosity and related properties of each grade. Presently, the company procures bitumen via imports from Dubai as well as purchases from other domestic importers/sellers in India.

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