Brooge Energy (Brooge Energy) COGS-to-Revenue : 0.18 (As of Jun. 2023)

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What is Brooge Energy COGS-to-Revenue?

Brooge Energy's Cost of Goods Sold for the six months ended in Jun. 2023 was $11.1 Mil. Its Revenue for the six months ended in Jun. 2023 was $62.9 Mil.

Brooge Energy's COGS to Revenue for the six months ended in Jun. 2023 was 0.18.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Brooge Energy's Gross Margin % for the six months ended in Jun. 2023 was 82.29%.

Brooge Energy COGS-to-Revenue Historical Data

The historical data trend for Brooge 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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Brooge Energy COGS-to-Revenue Chart

Brooge Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.27

0.23

0.31

0.36

0.30

Brooge Energy Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial						0.31	0.42	0.37	0.26	0.18

Brooge Energy COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	24.692	/	81.541
	=	0.30

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11.142	/	62.912
	=	0.18

Brooge Energy (NAS:BROG) COGS-to-Revenue Explanation

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

Brooge Energy's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	11.142 / 62.912
	=	82.29 %

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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Brooge Energy (Brooge Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Brooge Energy Ltd (NAS:BROG) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

3SF:Germany

Address

c/o Brooge Petroleum and Gas Investment Company FZE, P.O. Box 50170, Fujairah, ARE

Website

https://www.broogeenergy.com

Brooge Energy Ltd is an Oil Refinery & Storage Company in the United Arab Emirates. The company generates revenue from the leasing of storage capacity of tanks and other ancillary services.