Transocean (Transocean) COGS-to-Revenue

: 0.25 (As of Dec. 2023)

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Transocean's Cost of Goods Sold for the three months ended in Dec. 2023 was $184 Mil. Its Revenue for the three months ended in Dec. 2023 was $741 Mil.

Transocean's COGS to Revenue for the three months ended in Dec. 2023 was 0.25.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Transocean's Gross Margin % for the three months ended in Dec. 2023 was 75.17%.

Transocean COGS-to-Revenue Historical Data

The historical data trend for Transocean'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.

Transocean Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.28

0.25

0.29

0.26

Transocean Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue																0.31	0.28	0.26	0.27	0.25

Transocean COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	744	/	2832
	=	0.26

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	184	/	741
	=	0.25

Transocean (NYSE:RIG) COGS-to-Revenue Explanation

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

Transocean'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	-	184 / 741
	=	75.17 %

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.

Transocean COGS-to-Revenue Related Terms

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Transocean (Transocean) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transocean Ltd (NYSE:RIG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

RIG:Mexico RIGG34:Brazil

Address

Turmstrasse 30, Steinhausen, CHE, 6312

Website

https://www.deepwater.com

Transocean Ltd. is a international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment and work crews to drill oil and gas wells.

Executives

David A Tonnel	officer: SVP and Corporate Controller	4 GREENWAY PLAZA, HOUSTON TX 77046
Mark-anthony Lovell Mey	officer: EVP & CFO	15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084
Dell'osso Domenic J Jr	director	6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118
Chad C Deaton	director	12001 N HOUSTON ROSSLYN, HOUSTON TX 77086
Keelan Adamson	officer: President & COO	4 GREENWAY PLAZA, HOUSTON TX 77046
Chang Vanessa C L	director	P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Frederik Wilhelm Mohn	director	TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
Erestroika	director	TRANSOCEAN LTD, TURMSTRASSE 30, STEINHAUSEN V8 6312
Jeremy D Thigpen	director, officer: CEO
Howard E Davis	officer: EVP, CAO & CIO	4 GREENWAY PLAZA, HOUSTON TX 77046
Brady K Long	officer: EVP & General Counsel	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
De Saint Victor Diane	director	TURMSTRASSE 30, STEINHAUSEN V8 6312
Margareth Oevrum	director	FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Edward R Muller	director	C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Vincent J Intrieri	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160