Questerre Energy (TSX:QEC) COGS-to-Revenue : 0.89 (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Questerre Energy COGS-to-Revenue?

Questerre Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was C$7.99 Mil. Its Revenue for the three months ended in Mar. 2024 was C$9.00 Mil.

Questerre Energy's COGS to Revenue for the three months ended in Mar. 2024 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Questerre Energy's Gross Margin % for the three months ended in Mar. 2024 was 11.17%.

Questerre Energy COGS-to-Revenue Historical Data

The historical data trend for Questerre 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.

* Premium members only.

Questerre Energy COGS-to-Revenue Chart

Questerre Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.84

1.03

0.65

0.58

0.83

Questerre Energy 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															0.82	0.73	0.93	0.85	0.89

Questerre Energy COGS-to-Revenue Calculation

Questerre 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
	=	34.708	/	41.701
	=	0.83

Questerre Energy's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.993	/	8.998
	=	0.89

Questerre Energy (TSX:QEC) COGS-to-Revenue Explanation

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

Questerre Energy'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	-	7.993 / 8.998
	=	11.17 %

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.

Questerre Energy COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Questerre Energy's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Questerre Energy (TSX:QEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Questerre Energy Corp (TSX:QEC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

QTEYF:USA QEC-O:Sweden QEC:Norway

Address

801 Sixth Avenue S.W, Suite 1650, Calgary, AB, CAN, T2P 3W2

Website

https://www.questerre.com

Questerre Energy Corp serves the oil and gas sector. The Canada-based company is engaged in the acquisition, exploration, and development of oil and gas projects. It operates non-conventional projects such as tight oil, oil shale, shale oil and shale gas. The segments of the group are Western Canada; Quebec ; and Corporate and others. Western Canada segment involves exploration and development activities in Western Canada including Alberta, Saskatchewan and Manitoba with the existing production of natural gas, crude oil and natural gas liquids. Quebec segment consists the development of natural gas discovery in the province with a focus on securing social acceptability and regulatory approvals for a clean technology energy project.

Executives

Hans Jacob Holden

Director

Questerre Energy (TSX:QEC) Headlines

No Headlines