Public Service Company of New Mexico (Public Service Company of New Mexico) COGS-to-Revenue : 0.39 (As of Mar. 2024)

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What is Public Service Company of New Mexico COGS-to-Revenue?

Public Service Company of New Mexico's Cost of Goods Sold for the three months ended in Mar. 2024 was $119.62 Mil. Its Revenue for the three months ended in Mar. 2024 was $308.12 Mil.

Public Service Company of New Mexico's COGS to Revenue for the three months ended in Mar. 2024 was 0.39.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Public Service Company of New Mexico's Gross Margin % for the three months ended in Mar. 2024 was 61.18%.

Public Service Company of New Mexico COGS-to-Revenue Historical Data

The historical data trend for Public Service Company of New Mexico'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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Public Service Company of New Mexico COGS-to-Revenue Chart

Public Service Company of New Mexico Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.42

0.50

0.57

0.54

Public Service Company of New Mexico 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															0.54	0.47	0.56	0.59	0.39

Public Service Company of New Mexico COGS-to-Revenue Calculation

Public Service Company of New Mexico's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	755.224	/	1403.948
	=	0.54

Public Service Company of New Mexico's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	119.624	/	308.115
	=	0.39

Public Service Company of New Mexico (OTCPK:PNMXO.PFD) COGS-to-Revenue Explanation

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

Public Service Company of New Mexico'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	-	119.624 / 308.115
	=	61.18 %

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.

Public Service Company of New Mexico COGS-to-Revenue Related Terms

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Public Service Company of New Mexico (Public Service Company of New Mexico) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Public Service Company of New Mexico (OTCPK:PNMXO.PFD) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

414 Silver Avenue Southwest, Albuquerque, NM, USA, 87102-3289

Website

http://www.pnm.com

Public Service Company of New Mexico is an electric utility company. It provides electric generation, transmission, and distribution service to its rate-regulated customers. In addition, it is also involved in the provision of transmission services to third parties; and the generation and sale of electricity into the wholesale market. Geographically, it operates through the region of Mexico and it provides retail electric service to customers in north-central New Mexico, including the cities of Albuquerque, Rio Rancho and Santa Fe, and certain areas of southern New Mexico.

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