Schlumberger (Schlumberger) COGS-to-Revenue

: 0.80 (As of Dec. 2023)

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Schlumberger's Cost of Goods Sold for the three months ended in Dec. 2023 was $7,194 Mil. Its Revenue for the three months ended in Dec. 2023 was $8,990 Mil.

Schlumberger's COGS to Revenue for the three months ended in Dec. 2023 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Schlumberger's Gross Margin % for the three months ended in Dec. 2023 was 19.98%.

Schlumberger COGS-to-Revenue Historical Data

The historical data trend for Schlumberger'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.

Schlumberger Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.87

0.89

0.84

0.82

0.80

Schlumberger 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																0.80	0.81	0.80	0.79	0.80

Schlumberger COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	26572	/	33135
	=	0.80

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7194	/	8990
	=	0.80

Schlumberger (NYSE:SLB) COGS-to-Revenue Explanation

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

Schlumberger'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	-	7194 / 8990
	=	19.98 %

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.

Schlumberger COGS-to-Revenue Related Terms

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Schlumberger (Schlumberger) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SLBN:Mexico SLBp:UK 0SCL:UK SLB:France SCL:Germany SCL:Germany SCL:Germany SLBG34:Brazil SLB:Argentina

Address

5599 San Felipe, 17th Floor, Houston, TX, USA, 77056

Website

https://www.slb.com

SLB, formerly known as Schlumberger, is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.

Executives

Mogharbel Khaled Al	officer: President Drilling Group	C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Stephane Biguet	officer: VP Controller	C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Gavin Rennick	officer: VP, Human Resources	5599 SAN FELIPE, 17TH FL, HOUSTON TX 77056
De La Chevardiere Patrick	director	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Demosthenis Pafitis	officer: Chief Technology Officer	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Kevin Fyfe	officer: VP Controller-Operations	5599 SAN FELIPE, 17TH FL, HOUSTON TX 77056
Katharina Beumelburg	officer: Chief Sustainability Officer	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Howard Guild	officer: Chief Accounting Officer	C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77046
James T Hackett	director	C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Rakesh Jaggi	officer: Pres Digital & Integration	5599 SAN FELIPE, 17TH FL, HOUSTON TX 77056
Vijay Kasibhatla	officer: Director, M&A	5599 SAN FELIPE 17 FLOOR, HOUSTON TX 77056
Rajeev Sonthalia	officer: President, IPM	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Abdellah Merad	officer: VP Controller, Operations	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Dianne B. Ralston	officer: Chief Legal Officer	C/O TECHNIPFMC PLC, 11740 KATY FREEWAY, ENERGY TOWER 3, HOUSTON TX 77079
Ugo Prechner	officer: VP Controller	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056