ION Geophysical (FRA:IO8N) COGS-to-Revenue : 0.50 (As of Sep. 2021)

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What is ION Geophysical COGS-to-Revenue?

ION Geophysical's Cost of Goods Sold for the three months ended in Sep. 2021 was €18.84 Mil. Its Revenue for the three months ended in Sep. 2021 was €37.73 Mil.

ION Geophysical's COGS to Revenue for the three months ended in Sep. 2021 was 0.50.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ION Geophysical's Gross Margin % for the three months ended in Sep. 2021 was 50.08%.

ION Geophysical COGS-to-Revenue Historical Data

The historical data trend for ION Geophysical'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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ION Geophysical COGS-to-Revenue Chart

ION Geophysical Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

COGS-to-Revenue

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0.79

0.62

0.67

0.66

ION Geophysical Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
COGS-to-Revenue	Get a 7-Day Free Trial															0.92	0.73	0.94	0.82	0.50

ION Geophysical COGS-to-Revenue Calculation

ION Geophysical's COGS to Revenue for the fiscal year that ended in Dec. 2020 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	66.596	/	100.838
	=	0.66

ION Geophysical's COGS to Revenue for the quarter that ended in Sep. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	18.836	/	37.732
	=	0.50

ION Geophysical (FRA:IO8N) COGS-to-Revenue Explanation

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

ION Geophysical's Gross Margin % for the three months ended in Sep. 2021 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	18.836 / 37.732
	=	50.08 %

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.

ION Geophysical COGS-to-Revenue Related Terms

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ION Geophysical (FRA:IO8N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ION Geophysical Corp (FRA:IO8N) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

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Address

2105 CityWest Boulevard, Suite 100, Houston, TX, USA, 77042-2855

Website

https://www.iongeo.com

ION Geophysical Corp is a United States-based technology-focused company, which provides geoscience products, services, and solutions to the global oil and gas industry. The company operates through two segments: E&P Technology & Services and E&P Operations Optimization. It generates the majority of its revenue comes from the Technology & Services segment which creates digital data assets and delivers services to E&P(exploration and production) companies. Its geographical segments are Latin America, North America, Europe, Asia Pacific, Africa, Middle East, and others.

ION Geophysical (FRA:IO8N) Headlines

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