Deep Value Driller AS (STU:9YG) COGS-to-Revenue : 0.43 (As of Mar. 2024)

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What is Deep Value Driller AS COGS-to-Revenue?

Deep Value Driller AS's Cost of Goods Sold for the three months ended in Mar. 2024 was €5.34 Mil. Its Revenue for the three months ended in Mar. 2024 was €12.56 Mil.

Deep Value Driller AS's COGS to Revenue for the three months ended in Mar. 2024 was 0.43.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Deep Value Driller AS's Gross Margin % for the three months ended in Mar. 2024 was 57.49%.

Deep Value Driller AS COGS-to-Revenue Historical Data

The historical data trend for Deep Value Driller AS'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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Deep Value Driller AS COGS-to-Revenue Chart

Deep Value Driller AS Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

Deep Value Driller AS Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial								-	-	-	-	0.43

Deep Value Driller AS COGS-to-Revenue Calculation

Deep Value Driller AS's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.006	/	0
	=

Deep Value Driller AS's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5.339	/	12.558
	=	0.43

Deep Value Driller AS (STU:9YG) COGS-to-Revenue Explanation

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

Deep Value Driller AS'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	-	5.339 / 12.558
	=	57.49 %

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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Deep Value Driller AS (STU:9YG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Deep Value Driller AS (STU:9YG) » Definitions » COGS-to-Revenue

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DVD:Norway

Address

Munkedamsveien 45F, 8th Floor, Oslo, NOR, 0250

Website

https://www.deepvaluedriller.no/

Deep Value Driller AS is a drillship-owning company that has acquired the high-specification UDW 7th generation drillship Deep Value Driller. The activities of the company are contracting, managing, and owning drilling rigs.

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