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Emerald Oil Inc (AMEX:EOX)
COGS to Revenue
0.32 (As of Sep. 2015)

Emerald Oil Inc's cost of goods sold for the three months ended in Sep. 2015 was \$9.86 Mil. Its revenue for the three months ended in Sep. 2015 was \$30.54 Mil.

Emerald Oil Inc's COGS to Revenue for the three months ended in Sep. 2015 was 0.32.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Emerald Oil Inc's Gross Margin for the three months ended in Sep. 2015 was 67.73%.

Definition

Emerald Oil Inc's COGS to Revenue for the fiscal year that ended in Dec. 2014 is calculated as

 COGS to Revenue = Cost of Goods Sold / Revenue = 31.57 / 112.608 = 0.28

Emerald Oil Inc's COGS to Revenue for the quarter that ended in Sep. 2015 is calculated as

 COGS to Revenue = Cost of Goods Sold / Revenue = 9.856 / 30.544 = 0.32

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

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

Emerald Oil Inc's Gross Margin for the three months ended in Sep. 2015 is calculated as:

 Gross Margin = 1 - COGS to Revenue = 1 - Cost of Goods Sold / Revenue = 1 - 9.856 / 30.544 = 67.73 %

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Emerald Oil Inc Annual Data

 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 cogs2rev 0.55 0.35 0.38 0.47 0.00 0.14 0.17 0.20 0.28 0.28

Emerald Oil Inc Quarterly Data

 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 cogs2rev 0.24 0.27 0.33 0.26 0.30 0.25 0.32 0.63 0.72 0.32
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