Coil Tubing Technology (Coil Tubing Technology) COGS-to-Revenue : 1.17 (As of Sep. 2015)

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What is Coil Tubing Technology COGS-to-Revenue?

Coil Tubing Technology's Cost of Goods Sold for the three months ended in Sep. 2015 was $0.53 Mil. Its Revenue for the three months ended in Sep. 2015 was $0.45 Mil.

Coil Tubing Technology's COGS to Revenue for the three months ended in Sep. 2015 was 1.17.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Coil Tubing Technology's Gross Margin % for the three months ended in Sep. 2015 was -16.67%.

Coil Tubing Technology COGS-to-Revenue Historical Data

The historical data trend for Coil Tubing Technology'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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Coil Tubing Technology COGS-to-Revenue Chart

Coil Tubing Technology Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

COGS-to-Revenue

0.40

0.44

0.53

0.52

Coil Tubing Technology Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
COGS-to-Revenue	Get a 7-Day Free Trial											0.45	0.51	0.65	0.72	1.17

Coil Tubing Technology COGS-to-Revenue Calculation

Coil Tubing Technology's COGS to Revenue for the fiscal year that ended in Dec. 2014 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3.536	/	6.866
	=	0.52

Coil Tubing Technology's COGS to Revenue for the quarter that ended in Sep. 2015 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.525	/	0.45
	=	1.17

Coil Tubing Technology (OTCPK:CTBG) COGS-to-Revenue Explanation

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

Coil Tubing Technology's Gross Margin % for the three months ended in Sep. 2015 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.525 / 0.45
	=	-16.67 %

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.

Coil Tubing Technology COGS-to-Revenue Related Terms

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Coil Tubing Technology (Coil Tubing Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coil Tubing Technology Inc (OTCPK:CTBG) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

22305 Gosling Road, Spring, TX, USA, 77389

Website

http://www.coiltubingtechnology.com

Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.

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