Coro Energy (LSE:CORO) COGS-to-Revenue : 0.31 (As of Dec. 2023)

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What is Coro Energy COGS-to-Revenue?

Coro Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.03 Mil. Its Revenue for the six months ended in Dec. 2023 was £0.09 Mil.

Coro Energy's COGS to Revenue for the six months ended in Dec. 2023 was 0.31.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Coro Energy's Gross Margin % for the six months ended in Dec. 2023 was 69.15%.

Coro Energy COGS-to-Revenue Historical Data

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

Coro Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.40

0.33

Coro Energy Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial													-	-	0.40	0.36	0.31

Coro Energy COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.062	/	0.186
	=	0.33

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.029	/	0.094
	=	0.31

Coro Energy (LSE:CORO) COGS-to-Revenue Explanation

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

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

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.029 / 0.094
	=	69.15 %

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.

Coro Energy COGS-to-Revenue Related Terms

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Coro Energy Business Description

Industry

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

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Traded in Other Exchanges

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Address

1 Park Row, c/o Pinsent Masons LLP, Leeds, GBR, LS1 5AB

Website

https://www.coroenergyplc.com

Coro Energy PLC is an oil and gas exploration company focused on delivering long-term production of natural gas. The company has two business units namely Exploration and Development and Production. It generates maximum revenue from the Development and Production segment. The company has four gas fields, namely Sillaro, Bezzecca, Rapagnano, and Casa Tiberi.

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