Zenith Energy (Zenith Energy) COGS-to-Revenue : 0.71 (As of Sep. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Zenith Energy COGS-to-Revenue?

Zenith Energy's Cost of Goods Sold for the six months ended in Sep. 2023 was $0.72 Mil. Its Revenue for the six months ended in Sep. 2023 was $1.01 Mil.

Zenith Energy's COGS to Revenue for the six months ended in Sep. 2023 was 0.71.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zenith Energy's Gross Margin % for the six months ended in Sep. 2023 was 28.70%.

Zenith Energy COGS-to-Revenue Historical Data

The historical data trend for Zenith 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.

Zenith Energy COGS-to-Revenue Chart

Zenith Energy Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

COGS-to-Revenue

Get a 7-Day Free Trial

1.14

4.36

4.10

0.54

0.80

Zenith Energy Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															1.05	0.34	0.42	3.52	0.71

Zenith Energy COGS-to-Revenue Calculation

Zenith Energy's COGS to Revenue for the fiscal year that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7.672	/	9.617
	=	0.80

Zenith Energy's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.718	/	1.007
	=	0.71

Zenith Energy (OTCPK:ZENAF) COGS-to-Revenue Explanation

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

Zenith Energy's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.718 / 1.007
	=	28.70 %

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.

Zenith Energy COGS-to-Revenue Related Terms

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

Zenith Energy (Zenith Energy) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

ZENA:Norway ZEN:UK ZCL:Germany

Address

421 - 7th Avenue SW, Suite 4000, Calgary, AB, CAN, T2P 4K9

Website

https://www.zenithenergy.ca

Zenith Energy Ltd is an international independent oil and gas company with production, exploration and development assets in the Republic of the Congo, Italy and Tunisia. The company's strategic focus is the development of proven revenue generating oil production assets, as well as low-risk exploration activities in assets with existing production.

Zenith Energy (Zenith Energy) Headlines

From GuruFocus

MoU - South Sudan

By ACCESSWIRE • 11-28-2023

ZENITH ENERGY LTD.: Acquisition of Devonian Petroleum Limited

By ACCESSWIRE • 12-20-2023

ICC Arbitration for SLK against Tunisia

By ACCESSWIRE • 12-06-2023

Zenith Energy Ltd. Publication of Half-Year Results

By ACCESSWIRE • 12-29-2023

Update on United States Portfolio

By ACCESSWIRE • 01-18-2024

New Kazakhstan Subsidiary and Pre-contract Terms

By ACCESSWIRE • 11-30-2023

ICC Arbitral Tribunal Awards Costs

By ACCESSWIRE • 11-29-2023

ICC Arbitration Proceedings Against ETAP

By ACCESSWIRE • 11-01-2023