Tuscany International Drilling, (FRA:TS1) COGS-to-Revenue : 0.74 (As of Mar. 2014)

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What is Tuscany International Drilling, COGS-to-Revenue?

Tuscany International Drilling,'s Cost of Goods Sold for the three months ended in Mar. 2014 was €18.2 Mil. Its Revenue for the three months ended in Mar. 2014 was €24.8 Mil.

Tuscany International Drilling,'s COGS to Revenue for the three months ended in Mar. 2014 was 0.74.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tuscany International Drilling,'s Gross Margin % for the three months ended in Mar. 2014 was 26.42%.

Tuscany International Drilling, COGS-to-Revenue Historical Data

The historical data trend for Tuscany International Drilling,'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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Tuscany International Drilling, COGS-to-Revenue Chart

Tuscany International Drilling, Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

COGS-to-Revenue

0.61

0.79

0.66

0.70

0.75

Tuscany International Drilling, Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
COGS-to-Revenue	Get a 7-Day Free Trial															0.74	0.68	0.76	0.76	0.74

Tuscany International Drilling, COGS-to-Revenue Calculation

Tuscany International Drilling,'s COGS to Revenue for the fiscal year that ended in Dec. 2013 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	93.118	/	124.047
	=	0.75

Tuscany International Drilling,'s COGS to Revenue for the quarter that ended in Mar. 2014 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	18.231	/	24.778
	=	0.74

Tuscany International Drilling, (FRA:TS1) COGS-to-Revenue Explanation

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

Tuscany International Drilling,'s Gross Margin % for the three months ended in Mar. 2014 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	18.231 / 24.778
	=	26.42 %

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.

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Tuscany International Drilling, (FRA:TS1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tuscany International Drilling, Inc. (FRA:TS1) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.tuscanydrilling.com

Tuscany International Drilling Inc was incorporated on April 6, 2004, pursuant to the provisions of the Business Corporations Act Alberta. The company is a Canadian-based oilfield services company; offering drilling, completion and workover services to the oil and natural gas industry, in South America. It is comprised of 26 owned drilling and workover rigs. It competes directly with various international and local companies in each region in which it operate.

Tuscany International Drilling, (FRA:TS1) Headlines

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