3R Petroleum Oleo E Gas (BSP:RRRP3) COGS-to-Revenue : 0.68 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is 3R Petroleum Oleo E Gas COGS-to-Revenue?

3R Petroleum Oleo E Gas's Cost of Goods Sold for the three months ended in Mar. 2024 was R$1,356 Mil. Its Revenue for the three months ended in Mar. 2024 was R$2,008 Mil.

3R Petroleum Oleo E Gas's COGS to Revenue for the three months ended in Mar. 2024 was 0.68.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. 3R Petroleum Oleo E Gas's Gross Margin % for the three months ended in Mar. 2024 was 32.43%.

3R Petroleum Oleo E Gas COGS-to-Revenue Historical Data

The historical data trend for 3R Petroleum Oleo E Gas'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.

3R Petroleum Oleo E Gas COGS-to-Revenue Chart

3R Petroleum Oleo E Gas Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.49

0.52

0.44

0.49

0.69

3R Petroleum Oleo E Gas Quarterly Data
	Dec17	Dec18	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															0.64	0.71	0.69	0.69	0.68

3R Petroleum Oleo E Gas COGS-to-Revenue Calculation

3R Petroleum Oleo E Gas's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3862.029	/	5619.989
	=	0.69

3R Petroleum Oleo E Gas's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1356.479	/	2007.601
	=	0.68

3R Petroleum Oleo E Gas (BSP:RRRP3) COGS-to-Revenue Explanation

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

3R Petroleum Oleo E Gas'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	-	1356.479 / 2007.601
	=	32.43 %

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.

3R Petroleum Oleo E Gas COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of 3R Petroleum Oleo E Gas's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

3R Petroleum Oleo E Gas (BSP:RRRP3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » 3R Petroleum Oleo E Gas SA (BSP:RRRP3) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Visconde de Ouro Preto, number 5, Sala 601, Botafogo, Rio de Janeiro, RJ, BRA

Website

https://ri.3rpetroleum.com.br

3R Petroleum Oleo E Gas SA is engaged in the oil and gas sector with a focus on redevelopment of mature production fields located on land. Its purpose is to explore, produce, and sell oil and its derivatives, natural gas, and other fluid hydrocarbons.

3R Petroleum Oleo E Gas (BSP:RRRP3) Headlines

No Headlines