Archer (OSL:ARCH) COGS-to-Revenue : 0.04 (As of Dec. 2023)

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What is Archer COGS-to-Revenue?

Archer's Cost of Goods Sold for the three months ended in Dec. 2023 was kr143 Mil. Its Revenue for the three months ended in Dec. 2023 was kr3,219 Mil.

Archer's COGS to Revenue for the three months ended in Dec. 2023 was 0.04.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Archer's Gross Margin % for the three months ended in Dec. 2023 was 95.54%.

Archer COGS-to-Revenue Historical Data

The historical data trend for Archer'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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Archer COGS-to-Revenue Chart

Archer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.05

0.06

0.05

0.04

Archer 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															0.05	0.04	0.04	0.04	0.04

Archer COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	525.36	/	12335.413
	=	0.04

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	143.472	/	3218.622
	=	0.04

Archer (OSL:ARCH) COGS-to-Revenue Explanation

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

Archer'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	-	143.472 / 3218.622
	=	95.54 %

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.

Archer COGS-to-Revenue Related Terms

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Archer (OSL:ARCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Archer Ltd (OSL:ARCH) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

ARHVF:USA ARCHERo:Sweden

Address

Sandnesveien 358, Sandnes, NOR, 4312

Website

https://www.archerwell.com

Archer Ltd is an international oilfield service company providing various oilfield products and services through its area organizations. Its services include platform drilling, land drilling, directional drilling, underbalanced drilling, modular rigs, engineering services, equipment rentals, wireline services, pressure control, pressure pumping, production monitoring, well imaging and integrity management tools. The reporting segments of the company are Platform Operations, Well Services and Land Drilling. Majority of revenue is derived from Platform Operations segment. Platform Operations segment includes Platform Drilling, Modular rig, and Engineering services.