GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Advanced Petrochemical Co (SAU:2330) » Definitions » COGS-to-Revenue

Advanced Petrochemical Co (SAU:2330) COGS-to-Revenue : 0.92 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Advanced Petrochemical Co COGS-to-Revenue?

Advanced Petrochemical Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ﷼294 Mil. Its Revenue for the three months ended in Mar. 2024 was ﷼321 Mil.

Advanced Petrochemical Co's COGS to Revenue for the three months ended in Mar. 2024 was 0.92.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Advanced Petrochemical Co's Gross Margin % for the three months ended in Mar. 2024 was 8.41%.


Advanced Petrochemical Co COGS-to-Revenue Historical Data

The historical data trend for Advanced Petrochemical Co'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.

Advanced Petrochemical Co COGS-to-Revenue Chart

Advanced Petrochemical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.67 0.66 0.82 0.81

Advanced Petrochemical Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.78 0.79 0.83 0.92

Advanced Petrochemical Co COGS-to-Revenue Calculation

Advanced Petrochemical Co's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=1926.552 / 2373.514
=0.81

Advanced Petrochemical Co's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=294.215 / 321.23
=0.92

* 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.


Advanced Petrochemical Co  (SAU:2330) COGS-to-Revenue Explanation

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

Advanced Petrochemical Co'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 - 294.215 / 321.23
=8.41 %

* 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.

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.


Advanced Petrochemical Co COGS-to-Revenue Related Terms

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


Advanced Petrochemical Co (SAU:2330) Business Description

Traded in Other Exchanges
N/A
Address
Jubail Industrial, P.O.Box 11022, Jubail, SAU, 31961
Advanced Petrochemical Co produces and sells polypropylene, polysilicon, and polysilicon downstream products that include Photovoltaic cells and Photovoltaic. The company invests in industrial projects including petrochemical, chemical, basic and conversion industries and industries relating to renewable energy domestically and outside the Kingdom of Saudi Arabia. Its business is spread across the Middle East and North Africa region. Its products are used to manufacture various basic goods including personal care products, fresh food packaging, lightweight plastics and various others.

Advanced Petrochemical Co (SAU:2330) Headlines

No Headlines