Eurasia Drilling Co (LSE:EDCL) COGS-to-Revenue : 0.79 (As of Jun. 2015)

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What is Eurasia Drilling Co COGS-to-Revenue?

Eurasia Drilling Co's Cost of Goods Sold for the six months ended in Jun. 2015 was $726 Mil. Its Revenue for the six months ended in Jun. 2015 was $923 Mil.

Eurasia Drilling Co's COGS to Revenue for the six months ended in Jun. 2015 was 0.79.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Eurasia Drilling Co's Gross Margin % for the six months ended in Jun. 2015 was 21.28%.

Eurasia Drilling Co COGS-to-Revenue Historical Data

The historical data trend for Eurasia Drilling Co'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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Eurasia Drilling Co COGS-to-Revenue Chart

Eurasia Drilling Co Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

COGS-to-Revenue

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0.66

0.69

0.66

0.75

0.76

Eurasia Drilling Co Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
COGS-to-Revenue	Get a 7-Day Free Trial								0.64	0.86	0.77	0.75	0.79

Eurasia Drilling Co COGS-to-Revenue Calculation

Eurasia Drilling Co's COGS to Revenue for the fiscal year that ended in Dec. 2014 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2251.86	/	2975.211
	=	0.76

Eurasia Drilling Co's COGS to Revenue for the quarter that ended in Jun. 2015 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	726.322	/	922.703
	=	0.79

Eurasia Drilling Co (LSE:EDCL) COGS-to-Revenue Explanation

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

Eurasia Drilling Co's Gross Margin % for the six months ended in Jun. 2015 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	726.322 / 922.703
	=	21.28 %

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.

Eurasia Drilling Co COGS-to-Revenue Related Terms

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Eurasia Drilling Co (LSE:EDCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Eurasia Drilling Co Ltd (LSE:EDCL) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.eurasiadrilling.com

Eurasia Drilling Co Ltd was incorporated on November 25, 2002 under the Law of the Cayman Islands. The Company is engaged in providing exploratory and developmental drilling and oil and gas field services to companies operating within the Russian Federation, Kazakhstan, Iraq and the Caspian Sea region. The Company operates in two operating and geographical segments: onshore drilling conducted in the CIS and off-shore drilling conducted in the Caspian Sea.

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