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Diamond Offshore Drilling (Diamond Offshore Drilling) COGS-to-Revenue

: 0.79 (As of Dec. 2023)
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Diamond Offshore Drilling's Cost of Goods Sold for the three months ended in Dec. 2023 was $234 Mil. Its Revenue for the three months ended in Dec. 2023 was $298 Mil.

Diamond Offshore Drilling's COGS to Revenue for the three months ended in Dec. 2023 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Diamond Offshore Drilling's Gross Margin % for the three months ended in Dec. 2023 was 21.44%.

Diamond Offshore Drilling COGS-to-Revenue Historical Data

The historical data trend for Diamond Offshore Drilling'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.

Diamond Offshore Drilling Annual Data
Trend Dec20 Dec21 Dec22 Dec23
COGS-to-Revenue
1.33 - 1.00 0.89

Diamond Offshore Drilling Quarterly Data
Dec20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
COGS-to-Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.94 0.91 0.93 0.79

Diamond Offshore Drilling COGS-to-Revenue Calculation

Diamond Offshore Drilling's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=937.252 / 1056.179
=0.89

Diamond Offshore Drilling's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=233.812 / 297.637
=0.79

* 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.

Diamond Offshore Drilling  (NYSE:DO) COGS-to-Revenue Explanation

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

Diamond Offshore Drilling's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 233.812 / 297.637
=21.44 %

* 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.

Diamond Offshore Drilling COGS-to-Revenue Related Terms

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Diamond Offshore Drilling (Diamond Offshore Drilling) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diamond Offshore Drilling Inc (NYSE:DO) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
DO10:Germany
Address
15415 Katy Freeway, Houston, TX, USA, 77094
Website
http://www.diamondoffshore.com
Diamond Offshore Drilling Inc is a leader in offshore drilling, providing contract drilling services to the energy industry around the globe with a total fleet of 12 offshore drilling rigs, consisting of eight semisubmersibles and four dynamically positioned drillships.
Executives
Dominic A Savarino officer: VP and Chief Acct/Tax Officer 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrice D Douglas director 1712 CROSSBOW, EDMOND OK 73034
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Ane Launy director 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Patrick Carey Lowe director 6 CHESTERFIELD GARDENS, 3RD FLOOR, LONDON X0 W1J 5BQ
Adam C Peakes director 13135 S. DAIRY ASHFORD, STE. 800, SUGAR LAND TX 77478
Bernie G. Wolford director, officer: President and CEO 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 770904
Neal P Goldman director 10700 PARKRIDGE BLVD., RESTON VA 20191
John Hollowell director ONE SHELL PLAZA, 910 LOUISIANA STREET, HOUSTON TX 77002
Raj Iyer director 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Peter Mcteague director 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Alan H Howard director
Anatol Feygin director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Scott Lee Kornblau officer: Acting Chief Financial Officer 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094
Thomas Roth officer: Senior Vice President 15415 KATY FREEWAY, SUITE 100, HOUSTON TX 77094