Valaris (Valaris) COGS-to-Revenue : 0.89 (As of Dec. 2023)

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What is Valaris COGS-to-Revenue?

Valaris's Cost of Goods Sold for the three months ended in Dec. 2023 was $430 Mil. Its Revenue for the three months ended in Dec. 2023 was $484 Mil.

Valaris's COGS to Revenue for the three months ended in Dec. 2023 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Valaris's Gross Margin % for the three months ended in Dec. 2023 was 11.22%.

Valaris COGS-to-Revenue Historical Data

The historical data trend for Valaris'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.

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Valaris COGS-to-Revenue Chart

Valaris Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

1.18

1.41

0.92

Valaris Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial											0.87	0.93	0.96	0.92	0.89

Valaris COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1644.7	/	1784.2
	=	0.92

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	429.5	/	483.8
	=	0.89

Valaris (NYSE:VAL) COGS-to-Revenue Explanation

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

Valaris'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	-	429.5 / 483.8
	=	11.22 %

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.

Valaris COGS-to-Revenue Related Terms

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Valaris (Valaris) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Church Street, Claredon House, Hamilton, BMU, HM 11

Website

https://www.valaris.com

Valaris Ltd is the industry leader in offshore drilling services across all water depths and geographies. It is a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups.

Executives

Grable Colleen	officer: Controller	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Oak Hill Advisors Lp	10 percent owner	1 VANDERBILT AVE, 16TH FLOOR, NEW YORK NY 10017
Kristian Johansen	director	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77024
Catherine Hughes	director	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Matthew Lyne	officer: SVP - CCO	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Christopher T Weber	officer: SVP - CFO	5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Gunnar W. Eliassen	director	C/O QUINTANA MINERALS CORPORATION, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Davor Vudakin	officer: SVP & General Counsel	C/O VALARIS LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Darin Gibbins	officer: Interim CFO and VP	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Anton Dibowitz	director	C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Joseph Goldschmid	director, other: See Remarks	C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000
Elizabeth Leykum	director	C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Deepak Munganahalli	director	C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000
Dick Fagerstal	director	C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022
Oak Hill Advisors Genpar, L.p.	10 percent owner	1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036