Core Laboratories (LTS:0Q82) COGS-to-Revenue : 0.82 (As of Mar. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Core Laboratories COGS-to-Revenue?

Core Laboratories's Cost of Goods Sold for the three months ended in Mar. 2023 was €98.6 Mil. Its Revenue for the three months ended in Mar. 2023 was €119.9 Mil.

Core Laboratories's COGS to Revenue for the three months ended in Mar. 2023 was 0.82.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Core Laboratories's Gross Margin % for the three months ended in Mar. 2023 was 17.75%.

Core Laboratories COGS-to-Revenue Historical Data

The historical data trend for Core Laboratories'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.

Core Laboratories COGS-to-Revenue Chart

Core Laboratories Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

Get a 7-Day Free Trial

0.74

0.78

0.81

0.82

0.84

Core Laboratories Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
COGS-to-Revenue	Get a 7-Day Free Trial															0.88	0.85	0.82	0.81	0.82

Core Laboratories COGS-to-Revenue Calculation

Core Laboratories's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	387.81	/	462.31
	=	0.84

Core Laboratories's COGS to Revenue for the quarter that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	98.605	/	119.885
	=	0.82

Core Laboratories (LTS:0Q82) COGS-to-Revenue Explanation

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

Core Laboratories's Gross Margin % for the three months ended in Mar. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	98.605 / 119.885
	=	17.75 %

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.

Core Laboratories COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Core Laboratories's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Core Laboratories (LTS:0Q82) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Core Laboratories Inc (LTS:0Q82) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CLB:USA

Address

6316 Windfern Road, Houston, TX, USA, 77040

Website

https://www.corelab.com

Core Laboratories is the premier provider of reservoir description and production enhancement services for oil and gas exploration and production. It provides data and analytics to aid well operators in determining optimal methods for recovering, processing, and refining hydrocarbons from a well. It also manufactures the associated lab equipment for its services.

Core Laboratories (LTS:0Q82) Headlines

No Headlines