NOVATEK PJSC (FRA:N1O) COGS-to-Revenue : 0.47 (As of Jun. 2023)

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What is NOVATEK PJSC COGS-to-Revenue?

NOVATEK PJSC's Cost of Goods Sold for the three months ended in Jun. 2023 was €1,693 Mil. Its Revenue for the three months ended in Jun. 2023 was €3,580 Mil.

NOVATEK PJSC's COGS to Revenue for the three months ended in Jun. 2023 was 0.47.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. NOVATEK PJSC's Gross Margin % for the three months ended in Jun. 2023 was 52.71%.

NOVATEK PJSC COGS-to-Revenue Historical Data

The historical data trend for NOVATEK PJSC'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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NOVATEK PJSC COGS-to-Revenue Chart

NOVATEK PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec23

COGS-to-Revenue

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0.39

0.47

0.41

0.50

0.58

NOVATEK PJSC Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.55	0.58	0.40	0.47	-

NOVATEK PJSC COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8039.69	/	13938.521
	=	0.58

NOVATEK PJSC's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1693.014	/	3579.751
	=	0.47

NOVATEK PJSC (FRA:N1O) COGS-to-Revenue Explanation

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

NOVATEK PJSC's Gross Margin % for the three months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1693.014 / 3579.751
	=	52.71 %

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.

NOVATEK PJSC COGS-to-Revenue Related Terms

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NOVATEK PJSC (FRA:N1O) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NOVATEK PJSC (FRA:N1O) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

NVTK:Russia

Address

2, Udaltsova Street, Moscow, RUS, 119415

Website

https://www.novatek.ru

NOVATEK PJSC, or simply Novatek, is a Russian-based exploration and production company that acquires, explores for, produces, processes, and markets oil and gas. While the company is mostly focused on natural gas production, it also has exposure to oil. Its exploration and production take place in a variety of fields in central Russia. The natural gas is then processed and sold. Novatek also sells liquid hydrocarbons such as petroleum products, light hydrocarbons, LPG, and crude oil. The majority of its natural gas is sold in Russia, while the liquid hydrocarbons are sold in Russia and internationally, including China, Europe, and the United States.

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