Vermilion Energy (TSX:VET) COGS-to-Revenue : 0.49 (As of Mar. 2024)

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What is Vermilion Energy COGS-to-Revenue?

Vermilion Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was C$265 Mil. Its Revenue for the three months ended in Mar. 2024 was C$546 Mil.

Vermilion Energy's COGS to Revenue for the three months ended in Mar. 2024 was 0.49.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vermilion Energy's Gross Margin % for the three months ended in Mar. 2024 was 51.44%.

Vermilion Energy COGS-to-Revenue Historical Data

The historical data trend for Vermilion 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.

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Vermilion Energy COGS-to-Revenue Chart

Vermilion Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.55

0.65

0.41

0.30

0.49

Vermilion Energy 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															0.44	0.47	0.45	0.61	0.49

Vermilion Energy COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1081.313	/	2199.555
	=	0.49

Vermilion Energy's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	265.357	/	546.405
	=	0.49

Vermilion Energy (TSX:VET) COGS-to-Revenue Explanation

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

Vermilion Energy'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	-	265.357 / 546.405
	=	51.44 %

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.

Vermilion Energy COGS-to-Revenue Related Terms

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Vermilion Energy (TSX:VET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vermilion Energy Inc (TSX:VET) » Definitions » COGS-to-Revenue

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VET:USA CVZ:Germany CVZ:Germany

Address

520 - 3rd Avenue SW, Suite 3500, Calgary, AB, CAN, T2P 0R3

Website

https://www.vermilionenergy.com

Vermilion Energy Inc is an international oil and gas-producing company. It engages in full-cycle exploration and production programs that focus on the acquisition, exploration, development, and optimization of producing properties in North America, Europe, and Australia. The majority of Vermilion's revenue has derived from the production and sale of petroleum and natural gas. In each market, the company relies on a host of drilling and well-completion techniques to keep production at attractive levels. It derives a majority of its revenue from Canada.

Executives

Robert B. Michaleski

Director