Cobra Venture (TSXV:CBV) COGS-to-Revenue : 0.79 (As of Feb. 2024)

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What is Cobra Venture COGS-to-Revenue?

Cobra Venture's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.21 Mil. Its Revenue for the three months ended in Feb. 2024 was C$0.27 Mil.

Cobra Venture's COGS to Revenue for the three months ended in Feb. 2024 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Cobra Venture's Gross Margin % for the three months ended in Feb. 2024 was 21.40%.

Cobra Venture COGS-to-Revenue Historical Data

The historical data trend for Cobra Venture'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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Cobra Venture COGS-to-Revenue Chart

Cobra Venture Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

COGS-to-Revenue

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0.62

0.70

0.55

0.50

Cobra Venture Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Feb24
COGS-to-Revenue	Get a 7-Day Free Trial															0.61	0.84	0.64	0.54	0.79

Cobra Venture COGS-to-Revenue Calculation

Cobra Venture's COGS to Revenue for the fiscal year that ended in Nov. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.956	/	1.898
	=	0.50

Cobra Venture's COGS to Revenue for the quarter that ended in Feb. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.213	/	0.271
	=	0.79

Cobra Venture (TSXV:CBV) COGS-to-Revenue Explanation

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

Cobra Venture's Gross Margin % for the three months ended in Feb. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.213 / 0.271
	=	21.40 %

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.

Cobra Venture COGS-to-Revenue Related Terms

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Cobra Venture (TSXV:CBV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cobra Venture Corp (TSXV:CBV) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

2489 Bellevue Avenue, West Vancouver, BC, CAN, V7V 1E1

Website

https://www.cobraventure.com

Cobra Venture Corp is a junior oil and gas company that is focused on the exploration and development of petroleum and natural gas interests in Canada. The company's properties are the Willesden Green area, Alberta; Davey Lake area, Alberta; and Gull Lake, Saskatchewan. It derives prime revenue from oil and gas production.

Executives

Stephane Poirier

10% Security Holder

Cobra Venture (TSXV:CBV) Headlines

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