XXL Energy (XXL Energy) COGS-to-Revenue : 0.88 (As of Mar. 2024)

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

What is XXL Energy COGS-to-Revenue?

XXL Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.34 Mil. Its Revenue for the three months ended in Mar. 2024 was $0.39 Mil.

XXL Energy's COGS to Revenue for the three months ended in Mar. 2024 was 0.88.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. XXL Energy's Gross Margin % for the three months ended in Mar. 2024 was 11.60%.

XXL Energy COGS-to-Revenue Historical Data

The historical data trend for XXL 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.

XXL Energy COGS-to-Revenue Chart

XXL Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.96

1.34

0.64

0.55

0.60

XXL 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	0.96	0.80	0.84	0.88

XXL Energy COGS-to-Revenue Calculation

XXL 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
	=	1.977	/	3.293
	=	0.60

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.343	/	0.388
	=	0.88

XXL Energy (OTCPK:XLEFF) COGS-to-Revenue Explanation

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

XXL 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	-	0.343 / 0.388
	=	11.60 %

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.

XXL Energy COGS-to-Revenue Related Terms

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

XXL Energy (XXL Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » XXL Energy Corp (OTCPK:XLEFF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

XL:Canada

Address

Granville Park, RPO Box 60610, Vancouver, BC, CAN, V6H 4B9

Website

http://www.xxlenergy.com

XXL Energy Corp is a petroleum and natural gas entity engaged in the acquisition, exploration and development of petroleum and natural gas properties located in the United States of America.

XXL Energy (XXL Energy) Headlines

No Headlines