Golar LNG Partners LP (Golar LNG Partners LP) COGS-to-Revenue : 0.49 (As of Dec. 2020)

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What is Golar LNG Partners LP COGS-to-Revenue?

Golar LNG Partners LP's Cost of Goods Sold for the three months ended in Dec. 2020 was $35.17 Mil. Its Revenue for the three months ended in Dec. 2020 was $71.69 Mil.

Golar LNG Partners LP's COGS to Revenue for the three months ended in Dec. 2020 was 0.49.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Golar LNG Partners LP's Gross Margin % for the three months ended in Dec. 2020 was 50.95%.

Golar LNG Partners LP COGS-to-Revenue Historical Data

The historical data trend for Golar LNG Partners 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.

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Golar LNG Partners LP COGS-to-Revenue Chart

Golar LNG Partners LP Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

COGS-to-Revenue

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0.38

0.42

0.51

Golar LNG Partners LP Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
COGS-to-Revenue	Get a 7-Day Free Trial															0.48	0.55	0.49	0.50	0.49

Golar LNG Partners LP COGS-to-Revenue Calculation

Golar LNG Partners LP's COGS to Revenue for the fiscal year that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	144.491	/	284.734
	=	0.51

Golar LNG Partners LP's COGS to Revenue for the quarter that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	35.167	/	71.692
	=	0.49

Golar LNG Partners LP (OTCPK:GMLPF.PFD) COGS-to-Revenue Explanation

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

Golar LNG Partners LP's Gross Margin % for the three months ended in Dec. 2020 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	35.167 / 71.692
	=	50.95 %

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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Golar LNG Partners LP (Golar LNG Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golar LNG Partners LP (OTCPK:GMLPF.PFD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Par-la-Ville Road, 2nd Floor, South East Pearman Building, Hamilton, BMU, HM 11

Website

https://www.golarlngpartners.com

Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term time charters. The company has three reportable segments: LNG, FSRUs, and FING (floating liquefied natural gas vessel). It generates maximum revenue from the FSRUs segment. Its geographical segments are Brazil, Jordan, Indonesia, Kuwait, and the United Arab Emirates. The company's operational FSRU projects include Golar Spirit, Golar Igloo, Golar Eskimo, Golar Winter, Golar Freeze, and Nusantara Regas Satu.