Challenger Energy Group (LSE:CEG) COGS-to-Revenue : 1.24 (As of Jun. 2023)

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What is Challenger Energy Group COGS-to-Revenue?

Challenger Energy Group's Cost of Goods Sold for the six months ended in Jun. 2023 was £1.86 Mil. Its Revenue for the six months ended in Jun. 2023 was £1.49 Mil.

Challenger Energy Group's COGS to Revenue for the six months ended in Jun. 2023 was 1.24.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Challenger Energy Group's Gross Margin % for the six months ended in Jun. 2023 was -24.40%.

Challenger Energy Group COGS-to-Revenue Historical Data

The historical data trend for Challenger Energy Group'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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Challenger Energy Group COGS-to-Revenue Chart

Challenger Energy Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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1.96

1.40

1.11

Challenger Energy Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial															1.38	1.43	0.94	1.40	1.24

Challenger Energy Group COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.889	/	3.502
	=	1.11

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.856	/	1.492
	=	1.24

Challenger Energy Group (LSE:CEG) COGS-to-Revenue Explanation

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

Challenger Energy Group'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	-	1.856 / 1.492
	=	-24.40 %

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.

Challenger Energy Group COGS-to-Revenue Related Terms

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Challenger Energy Group (LSE:CEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Challenger Energy Group PLC (LSE:CEG) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

BSHPF:USA CEG:UK BPV0:Germany

Address

Alexandra Road, The Engine House, Castletown, IMN, IM9 1TG

Website

https://www.cegplc.com

Challenger Energy Group PLC is an Caribbean and Atlantic margin Based oil and gas exploration company. All of its business activities related to oil and gas exploration &production, development, appraisal activities in Uruguay, Trinidad and Tobago, Suriname, and The Bahamas. The company is engaged in evaluating and realizing the potential of carbonate reservoir systems contained in operating leases in Bahamian waters.