Stampede Drilling (Stampede Drilling) COGS-to-Revenue : 0.71 (As of Mar. 2024)

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What is Stampede Drilling COGS-to-Revenue?

Stampede Drilling's Cost of Goods Sold for the three months ended in Mar. 2024 was $14.52 Mil. Its Revenue for the three months ended in Mar. 2024 was $20.32 Mil.

Stampede Drilling's COGS to Revenue for the three months ended in Mar. 2024 was 0.71.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Stampede Drilling's Gross Margin % for the three months ended in Mar. 2024 was 28.53%.

Stampede Drilling COGS-to-Revenue Historical Data

The historical data trend for Stampede 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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Stampede Drilling COGS-to-Revenue Chart

Stampede Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.82

0.97

0.76

0.74

Stampede Drilling Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.74	0.84	0.74	0.70	0.71

Stampede Drilling COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	47.631	/	64.07
	=	0.74

Stampede Drilling's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	14.519	/	20.315
	=	0.71

Stampede Drilling (OTCPK:STPDF) COGS-to-Revenue Explanation

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

Stampede Drilling's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	14.519 / 20.315
	=	28.53 %

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.

Stampede Drilling COGS-to-Revenue Related Terms

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Stampede Drilling (Stampede Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Stampede Drilling Inc (OTCPK:STPDF) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

SDI:Canada

Address

700 - 9th Avenue SW, Suite 2600, South Tower, Calgary, AB, CAN, T2P 3V4

Website

https://www.stampededrilling.com

Stampede Drilling Inc offers oilfield services and drilling services to the oil and natural gas industry in the Western Canadian Sedimentary Basin (WCSB).