Xstate Resources (Xstate Resources) COGS-to-Revenue : 1.56 (As of Dec. 2023)

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What is Xstate Resources COGS-to-Revenue?

Xstate Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was $3.88 Mil. Its Revenue for the six months ended in Dec. 2023 was $2.50 Mil.

Xstate Resources's COGS to Revenue for the six months ended in Dec. 2023 was 1.56.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Xstate Resources's Gross Margin % for the six months ended in Dec. 2023 was -55.55%.

Xstate Resources COGS-to-Revenue Historical Data

The historical data trend for Xstate Resources'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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Xstate Resources COGS-to-Revenue Chart

Xstate Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.83

0.89

0.77

Xstate Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															1.08	-	1.86	-	1.56

Xstate Resources COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.883	/	5.032
	=	0.77

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.884	/	2.497
	=	1.56

Xstate Resources (OTCPK:XSTLF) COGS-to-Revenue Explanation

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

Xstate Resources'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	-	3.884 / 2.497
	=	-55.55 %

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.

Xstate Resources COGS-to-Revenue Related Terms

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Xstate Resources (Xstate Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Xstate Resources Ltd (OTCPK:XSTLF) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

XST:Australia

Address

Level 1, 31 Cliff Street, Fremantle, WA, AUS, 6160

Website

https://www.xstateresources.com.au

Xstate Resources Ltd is engaged in oil and gas exploration. The Group currently operates in three operating segments: (i) Oil & gas exploration activities on-shore the United States of America, (ii) Oil & gas exploration activities on-shore Austria, and (iii) Oil & gas production activities on-shore Canada. It holds various working interests in a small number of producing gas wells and, more importantly, associated land leases and production and pipeline access equipment in the Sacramento Basin, California.

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