GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Efora Energy Ltd (JSE:EEL) » Definitions » Cost of Goods Sold

Efora Energy (JSE:EEL) Cost of Goods Sold : R19.10 Mil (TTM As of Aug. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Efora Energy Cost of Goods Sold?

Efora Energy's cost of goods sold for the six months ended in Aug. 2024 was R2.66 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Aug. 2024 was R19.10 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Efora Energy's Gross Margin % for the six months ended in Aug. 2024 was 7.79%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Efora Energy's Inventory Turnover for the six months ended in Aug. 2024 was 3.60.


Efora Energy Cost of Goods Sold Historical Data

The historical data trend for Efora Energy's Cost of Goods Sold 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.

Efora Energy Cost of Goods Sold Chart

Efora Energy Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,901.22 1,189.54 33.29 7.55 40.81

Efora Energy Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 7.55 24.37 16.44 2.66

Efora Energy Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R19.10 Mil.

* 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.


Efora Energy  (JSE:EEL) Cost of Goods Sold Explanation

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

Efora Energy's Gross Margin % for the six months ended in Aug. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(2.887 - 2.662) / 2.887
=7.79 %

* 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.

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.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Efora Energy's Inventory Turnover for the six months ended in Aug. 2024 is calculated as:

* 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


Efora Energy Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Efora Energy's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


Efora Energy Business Description

Traded in Other Exchanges
N/A
Address
Leslie Avenue, 2nd Floor, Building 11, Design Quarter District, Fourways, Johannesburg, GT, ZAF, 2191
Efora Energy Ltd is an African oil and gas company. It has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo, Malawi, and Botswana; and midstream projects including a crude trading allocation in Nigeria and a terminal project in Equatorial Guinea. The operations of the Group comprise oil and gas exploration and production, crude trading, and the sale of petroleum products. It derives the majority of its revenue from the sale of petroleum products.

Efora Energy Headlines

No Headlines