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World Kinect (World Kinect) COGS-to-Revenue : 0.98 (As of Mar. 2024)


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What is World Kinect COGS-to-Revenue?

World Kinect's Cost of Goods Sold for the three months ended in Mar. 2024 was $10,697 Mil. Its Revenue for the three months ended in Mar. 2024 was $10,951 Mil.

World Kinect's COGS to Revenue for the three months ended in Mar. 2024 was 0.98.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. World Kinect's Gross Margin % for the three months ended in Mar. 2024 was 2.32%.

World Kinect COGS-to-Revenue Historical Data

The historical data trend for World Kinect'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.

World Kinect COGS-to-Revenue Chart

World Kinect 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 0.97 0.96 0.97 0.98 0.98

World Kinect 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 0.98 0.97 0.98 0.98 0.98

World Kinect COGS-to-Revenue Calculation

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

COGS to Revenue=Cost of Goods Sold / Revenue
=46652.4 / 47710.6
=0.98

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

COGS to Revenue=Cost of Goods Sold / Revenue
=10697.3 / 10951.4
=0.98

* 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.

World Kinect  (NYSE:WKC) COGS-to-Revenue Explanation

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

World Kinect'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 - 10697.3 / 10951.4
=2.32 %

* 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.

World Kinect COGS-to-Revenue Related Terms

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World Kinect (World Kinect) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » World Kinect Corp (NYSE:WKC) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
WFK:Germany
Address
9800 Northwest 41st Street, Miami, FL, USA, 33178
Website
https://www.world-kinect.com
World Kinect Corp is a global energy management company involved in providing supply fulfillment, energy procurement advisory services, and transaction and payment management solutions to commercial and industrial customers worldwide. It sells and delivers liquid fuels, natural gas, electricity, renewable energy, and other sustainability solutions.
Executives
Jill Smart director C/O ACCENTURE, 161 N. CLARK STREET, CHICAGO IL 60601
Ken Bakshi director 63 STONEBRIDGE ROAD, MONTCLAIR NJ 07042
Michael Crosby officer: EVP, Global Land 9800 N.W. 41ST STREET, MIAMI FL 33178
Jose-miguel Tejada officer: SVP, Chief Accounting Officer C/O WORLD FUEL SERVICES CORPORATION, 9800 NW 41ST STREET, MIAMI FL 33178
John L Manley director 15211 MEDICI WAY, NAPLES FL 34110
John Peter Rau officer: EVP, Global Aviation & Marine 9800 N.W. 41ST STREET, MIAMI FL 33178
Robert Alexander Lake officer: EVP, Chf. Legal Officer, CoSec C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178
Jorge L. Benitez director 5201 BLUE LAGOON DRIVE, SUITE 250, MIAMI FL 33126
Paul H Stebbins director, officer: Chairman and CEO C/O WORLD FUEL SERVICES CORP, 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178
Sharda Cherwoo director 160 WEST 66TH STREET, APT. 45F, NEW YORK NY 10023
Michael J Kasbar director, officer: President & COO C/ O WORLD FUEL SERVICES CORP, 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178
Richard A Kassar director C/O WORLD FUEL SERVICES CORP., 9800 N.W. 41ST STREET, SUITE 400, MIAMI FL 33178
J Thomas Presby director 198 KEELER ROAD, BRIDGEWATER CT 06752
Stephen K Roddenberry director C/O AKERMAN LLP, 98 SOUTHEAST SEVENTH STREET, MIAMI FL 33131
Jeffrey Paul Smith officer: EVP and COO C/O WORLD FUEL SERVICES CORPORATION, 9800 N.W. 41ST STREET, MIAMI FL 33178