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Tallgrass Energy Partners LP (Tallgrass Energy Partners LP) COGS-to-Revenue : 0.35 (As of Mar. 2018)


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What is Tallgrass Energy Partners LP COGS-to-Revenue?

Tallgrass Energy Partners LP's Cost of Goods Sold for the three months ended in Mar. 2018 was $62.9 Mil. Its Revenue for the three months ended in Mar. 2018 was $179.1 Mil.

Tallgrass Energy Partners LP's COGS to Revenue for the three months ended in Mar. 2018 was 0.35.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tallgrass Energy Partners LP's Gross Margin % for the three months ended in Mar. 2018 was 64.88%.

Tallgrass Energy Partners LP COGS-to-Revenue Historical Data

The historical data trend for Tallgrass Energy Partners LP'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.

Tallgrass Energy Partners LP COGS-to-Revenue Chart

Tallgrass Energy Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
COGS-to-Revenue
Get a 7-Day Free Trial 0.62 0.62 0.32 0.29 0.30

Tallgrass Energy Partners LP Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
COGS-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.31 0.31 0.32 0.35

Tallgrass Energy Partners LP COGS-to-Revenue Calculation

Tallgrass Energy Partners LP's COGS to Revenue for the fiscal year that ended in Dec. 2017 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=199.482 / 655.898
=0.30

Tallgrass Energy Partners LP's COGS to Revenue for the quarter that ended in Mar. 2018 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=62.894 / 179.094
=0.35

* 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.

Tallgrass Energy Partners LP  (NYSE:TEP) COGS-to-Revenue Explanation

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

Tallgrass Energy Partners LP's Gross Margin % for the three months ended in Mar. 2018 is calculated as:

Gross Margin %=1 - COGS to Revenue
=1 - Cost of Goods Sold / Revenue
=1 - 62.894 / 179.094
=64.88 %

* 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.

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.

Tallgrass Energy Partners LP COGS-to-Revenue Related Terms

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Tallgrass Energy Partners LP (Tallgrass Energy Partners LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tallgrass Energy Partners LP (NYSE:TEP) » Definitions » COGS-to-Revenue
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Traded in Other Exchanges
N/A
Address
Website
http://www.tallgrassenergy.com
Tallgrass Energy Partners is a young master limited partnership that focuses opportunistically on growth through acquisition and development of natural gas and crude oil transportation, as well as gathering and processing assets. Tallgrass operates and has participating interests in some of the more strategically important midstream assets in the Bakken and Rockies (for example, the REX and Pony Express lines).
Executives
Frank J Loverro director 320 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022
William R. Moler director, officer: See Remarks 4200 WEST 115TH STREET, SUITE 350, LEAWOOD KS 66211
Dehaemers David G Jr director, officer: See Remarks 4200 WEST 115TH STREET, SUITE 350, LEAWOOD KS 66211
Osborne Stanley De J director C/O KELSO AND COMPANY, 320 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022
John T Raymond director THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002