Comstock Resources (STU:CX91) COGS-to-Revenue : 1.01 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Comstock Resources COGS-to-Revenue?

Comstock Resources's Cost of Goods Sold for the three months ended in Mar. 2024 was €312 Mil. Its Revenue for the three months ended in Mar. 2024 was €309 Mil.

Comstock Resources's COGS to Revenue for the three months ended in Mar. 2024 was 1.01.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Comstock Resources's Gross Margin % for the three months ended in Mar. 2024 was -1.09%.

Comstock Resources COGS-to-Revenue Historical Data

The historical data trend for Comstock Resources'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.

* Premium members only.

Comstock Resources COGS-to-Revenue Chart

Comstock Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

Get a 7-Day Free Trial

0.60

0.77

0.41

0.36

0.83

Comstock Resources 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															0.68	1.02	0.85	0.86	1.01

Comstock Resources COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1191.064	/	1435.205
	=	0.83

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	312.292	/	308.91
	=	1.01

Comstock Resources (STU:CX91) COGS-to-Revenue Explanation

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

Comstock Resources'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	-	312.292 / 308.91
	=	-1.09 %

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.

Comstock Resources COGS-to-Revenue Related Terms

Thank you for viewing the detailed overview of Comstock Resources's COGS-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Comstock Resources (STU:CX91) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Comstock Resources Inc (STU:CX91) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CRK:USA CX91:Germany

Address

5300 Town and Country Boulevard, Suite 500, Comstock Tower, Frisco, TX, USA, 75034

Website

https://www.comstockresources.com

Comstock Resources Inc is an independent energy company operating in the Haynesville shale, a natural gas basin located in East Texas and North Louisiana with superior economics and geographical proximity to the Gulf Coast markets. It is engaged in the acquisition, development, production, and exploration of oil and natural gas. Its oil and gas operations are concentrated in Louisiana, Texas and North Dakota.

Comstock Resources (STU:CX91) Headlines

No Headlines