Oriental Petroleum & Minerals (PHS:OPM) COGS-to-Revenue : 0.57 (As of Mar. 2024)

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What is Oriental Petroleum & Minerals COGS-to-Revenue?

Oriental Petroleum & Minerals's Cost of Goods Sold for the three months ended in Mar. 2024 was ₱41.7 Mil. Its Revenue for the three months ended in Mar. 2024 was ₱72.7 Mil.

Oriental Petroleum & Minerals's COGS to Revenue for the three months ended in Mar. 2024 was 0.57.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Oriental Petroleum & Minerals's Gross Margin % for the three months ended in Mar. 2024 was 42.64%.

Oriental Petroleum & Minerals COGS-to-Revenue Historical Data

The historical data trend for Oriental Petroleum & Minerals'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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Oriental Petroleum & Minerals COGS-to-Revenue Chart

Oriental Petroleum & Minerals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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1.44

1.88

0.84

0.59

0.79

Oriental Petroleum & Minerals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.80	0.68	0.47	-	0.57

Oriental Petroleum & Minerals COGS-to-Revenue Calculation

Oriental Petroleum & Minerals's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	139.445	/	176.72
	=	0.79

Oriental Petroleum & Minerals's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	41.722	/	72.736
	=	0.57

Oriental Petroleum & Minerals (PHS:OPM) COGS-to-Revenue Explanation

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

Oriental Petroleum & Minerals's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	41.722 / 72.736
	=	42.64 %

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.

Oriental Petroleum & Minerals COGS-to-Revenue Related Terms

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Oriental Petroleum & Minerals (PHS:OPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oriental Petroleum & Minerals Corp (PHS:OPM) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

OPTBF:USA OPMB:Philippines

Address

ADB Avenue, Ortigas Center, 34th Floor, Robinsons Equitable Tower, Pasig City, PHL, 1600

Website

https://www.opmc.com.ph

Oriental Petroleum & Minerals Corp is an exploration company. It is engaged in exploring, developing, and producing petroleum and mineral resources in the Philippines. It operates in the Oil Exploration and Development segment. Its operational activities depend on its service contracts with the government. The principal properties of the company consist of petroleum exploration areas in the Philippines, onshore and offshore. The group principally operates in the Philippines.

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