Tidewater (Tidewater) COGS-to-Revenue : 0.72 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Tidewater COGS-to-Revenue?

Tidewater's Cost of Goods Sold for the three months ended in Dec. 2023 was $219 Mil. Its Revenue for the three months ended in Dec. 2023 was $303 Mil.

Tidewater's COGS to Revenue for the three months ended in Dec. 2023 was 0.72.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tidewater's Gross Margin % for the three months ended in Dec. 2023 was 27.62%.

Tidewater COGS-to-Revenue Historical Data

The historical data trend for Tidewater'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.

Tidewater COGS-to-Revenue Chart

Tidewater Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.89

0.98

1.02

0.80

0.73

Tidewater 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	Get a 7-Day Free Trial															0.78	0.76	0.70	0.75	0.72

Tidewater COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	741.188	/	1009.985
	=	0.73

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	219.057	/	302.658
	=	0.72

Tidewater (NYSE:TDW) COGS-to-Revenue Explanation

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

Tidewater'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	-	219.057 / 302.658
	=	27.62 %

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.

Tidewater COGS-to-Revenue Related Terms

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

Tidewater (Tidewater) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tidewater Inc (NYSE:TDW) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TD9:Germany TD9:Germany

Address

842 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77024

Website

https://www.tdw.com

Tidewater Inc provides offshore service vessels and marine support services to the global offshore energy industry through the operation of a diversified fleet of marine service vessels. The company's vessels and associated vessel services provide support for all phases of offshore exploration, field development, and production. These services include towing of, and anchor handling for, mobile offshore drilling units; transporting supplies and remotely operated vehicle operations and a variety of specialized services. The company operates in the following principal geographical areas the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa. The majority of its revenue is derived from West Africa.

Executives

Robert Robotti	director	125 PARK AVENUE, SUITE 1607, NEW YORK NY 10017
David E Darling	officer: EVP, COO & Chief HR Officer	6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Samuel R Rubio	officer: EVP, CFO & CAO	10111 RICHMOND AVE., STE. 340, HOUSTON TX 77042
Louis Raspino	director	1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
Lois K Zabrocky	director	666 THIRD AVENUE, 5TH FLOOR, NEW YORK NY 10017
Melissa Cougle	director	777 POST OAK BLVD., 7TH FLOOR, HOUSTON TX 77056
Darron M. Anderson	director	10350 RICHMOND AVENUE, SUITE 550, HOUSTON TX 77042
Quintin Kneen	director, officer: Director, President & CEO	400 N. SAM HOUSTON PKWY E. #900, HOUSTON TX 77060
Daniel A. Hudson	officer: EVP & General Counsel	6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
Kenneth H Traub	director
Larry T Rigdon	director	914 MAIN STREET, SUITE 1805, HOUSTON TX 77002
Robert P. Tamburrino	director	C/O TIDEWATER INC., 6002 ROGERDALE ROAD, SUITE 600, HOUSTON TX 77072
John T Rynd	director, officer: President and CEO	11 GREENWAY PLAZA, SUITE 2950, HOUSTON TX 77046
Randee E Day	director	217 DEBRA LANE, PALM BEACH FL 33480
Dick Fagerstal	director	C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022