InPlay Oil (InPlay Oil) COGS-to-Revenue : 0.41 (As of Dec. 2023)

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What is InPlay Oil COGS-to-Revenue?

InPlay Oil's Cost of Goods Sold for the three months ended in Dec. 2023 was $14.5 Mil. Its Revenue for the three months ended in Dec. 2023 was $35.5 Mil.

InPlay Oil's COGS to Revenue for the three months ended in Dec. 2023 was 0.41.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. InPlay Oil's Gross Margin % for the three months ended in Dec. 2023 was 59.29%.

InPlay Oil COGS-to-Revenue Historical Data

The historical data trend for InPlay Oil'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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InPlay Oil COGS-to-Revenue Chart

InPlay Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.46

0.57

0.34

0.39

InPlay Oil 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															0.38	0.43	0.36	0.37	0.41

InPlay Oil COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	52.529	/	133.696
	=	0.39

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	14.453	/	35.503
	=	0.41

InPlay Oil (OTCPK:IPOOF) COGS-to-Revenue Explanation

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

InPlay Oil'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	-	14.453 / 35.503
	=	59.29 %

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.

InPlay Oil COGS-to-Revenue Related Terms

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InPlay Oil (InPlay Oil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » InPlay Oil Corp (OTCPK:IPOOF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

8DA1:Germany IPO:Canada

Address

2000, 350 - 7th Avenue S.W., Calgary, AB, CAN, T2P 3N9

Website

https://www.inplayoil.com

InPlay Oil Corp is an oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. The company's operations are focused on a concentrated light oil asset base located in West Central Alberta. It derives revenue from selling its production of crude oil, natural gas and NGLs under variable price contracts.