Seacrest Petroleo Bermuda (OSL:SEAPT) COGS-to-Revenue : 0.65 (As of Dec. 2023)

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What is Seacrest Petroleo Bermuda COGS-to-Revenue?

Seacrest Petroleo Bermuda's Cost of Goods Sold for the three months ended in Dec. 2023 was kr442 Mil. Its Revenue for the three months ended in Dec. 2023 was kr682 Mil.

Seacrest Petroleo Bermuda's COGS to Revenue for the three months ended in Dec. 2023 was 0.65.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Seacrest Petroleo Bermuda's Gross Margin % for the three months ended in Dec. 2023 was 35.27%.

Seacrest Petroleo Bermuda COGS-to-Revenue Historical Data

The historical data trend for Seacrest Petroleo Bermuda'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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Seacrest Petroleo Bermuda COGS-to-Revenue Chart

Seacrest Petroleo Bermuda Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.50

0.64

Seacrest Petroleo Bermuda Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial						0.44	0.56	0.66	0.61	0.65

Seacrest Petroleo Bermuda COGS-to-Revenue Calculation

Seacrest Petroleo Bermuda's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1192.789	/	1871.791
	=	0.64

Seacrest Petroleo Bermuda's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	441.566	/	682.166
	=	0.65

Seacrest Petroleo Bermuda (OSL:SEAPT) COGS-to-Revenue Explanation

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

Seacrest Petroleo Bermuda'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	-	441.566 / 682.166
	=	35.27 %

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.

Seacrest Petroleo Bermuda COGS-to-Revenue Related Terms

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Seacrest Petroleo Bermuda (OSL:SEAPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seacrest Petroleo Bermuda Ltd (OSL:SEAPT) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

Z2UA:Germany

Address

99 Front Street, Hamilton, BMU, HM 12

Website

https://www.seacrestpetroleo.com

Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).

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