Calfrac Well Services (TSX:CFW) COGS-to-Revenue : 0.89 (As of Dec. 2023)

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What is Calfrac Well Services COGS-to-Revenue?

Calfrac Well Services's Cost of Goods Sold for the three months ended in Dec. 2023 was C$374 Mil. Its Revenue for the three months ended in Dec. 2023 was C$421 Mil.

Calfrac Well Services's COGS to Revenue for the three months ended in Dec. 2023 was 0.89.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Calfrac Well Services's Gross Margin % for the three months ended in Dec. 2023 was 11.30%.

Calfrac Well Services COGS-to-Revenue Historical Data

The historical data trend for Calfrac Well Services'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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Calfrac Well Services COGS-to-Revenue Chart

Calfrac Well Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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1.02

1.14

1.04

0.90

0.86

Calfrac Well Services 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															0.86	0.84	0.84	0.89	0.96

Calfrac Well Services COGS-to-Revenue Calculation

Calfrac Well Services's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1596.155	/	1864.281
	=	0.86

Calfrac Well Services's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	373.782	/	421.402
	=	0.89

Calfrac Well Services (TSX:CFW) COGS-to-Revenue Explanation

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

Calfrac Well Services's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	373.782 / 421.402
	=	11.30 %

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.

Calfrac Well Services COGS-to-Revenue Related Terms

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Calfrac Well Services (TSX:CFW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Calfrac Well Services Ltd (TSX:CFW) » Definitions » COGS-to-Revenue

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CFWFF:USA

Address

407 - 8th Avenue SW, Suite 500, Calgary, AB, CAN, T2P 1E5

Website

https://www.calfrac.com

Calfrac Well Services Ltd provides specialized oilfield services, including hydraulic fracturing, coiled tubing, cementing, and other good completion services to the oil and natural gas industries in Canada, the United States, Russia, and Argentina. It generates maximum revenue from the United States.

Executives

Sime Armoyan

10% Security Holder

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