ShaMaran Petroleum (STU:3B8) COGS-to-Revenue : 0.67 (As of Jun. 2024)

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What is ShaMaran Petroleum COGS-to-Revenue?

ShaMaran Petroleum's Cost of Goods Sold for the three months ended in Jun. 2024 was €14.14 Mil. Its Revenue for the three months ended in Jun. 2024 was €21.02 Mil.

ShaMaran Petroleum's COGS to Revenue for the three months ended in Jun. 2024 was 0.67.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ShaMaran Petroleum's Gross Margin % for the three months ended in Jun. 2024 was 32.72%.

ShaMaran Petroleum COGS-to-Revenue Historical Data

The historical data trend for ShaMaran Petroleum'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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ShaMaran Petroleum COGS-to-Revenue Chart

ShaMaran Petroleum Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.72

0.87

0.51

0.40

0.63

ShaMaran Petroleum Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
COGS-to-Revenue	Get a 7-Day Free Trial															1.64	0.87	0.46	0.70	0.67

ShaMaran Petroleum COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	48.016	/	76.006
	=	0.63

ShaMaran Petroleum's COGS to Revenue for the quarter that ended in Jun. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	14.144	/	21.023
	=	0.67

ShaMaran Petroleum (STU:3B8) COGS-to-Revenue Explanation

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

ShaMaran Petroleum's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	14.144 / 21.023
	=	32.72 %

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.

ShaMaran Petroleum COGS-to-Revenue Related Terms

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ShaMaran Petroleum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ShaMaran Petroleum Corp (STU:3B8) » Definitions » COGS-to-Revenue

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SHASF:USA SNM:Sweden SNM:Canada

Address

885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8

Website

https://www.shamaranpetroleum.com

ShaMaran Petroleum Corp is an oil development and exploration company. It is engaged in the business of developing and producing oil and gas. Along with its subsidiary, the company has an interest in the Atrush block, Kurdistan Region of Iraq. In addition, the group holds a participating interest in the Sarsang block of the Kurdistan region.

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