National Marine Dredging Co PSC (ADX:NMDC) COGS-to-Revenue : 0.86 (As of Sep. 2023)

View and export this data going back to 2000. Start your Free Trial

What is National Marine Dredging Co PSC COGS-to-Revenue?

National Marine Dredging Co PSC's Cost of Goods Sold for the three months ended in Sep. 2023 was د.إ3,659 Mil. Its Revenue for the three months ended in Sep. 2023 was د.إ4,274 Mil.

National Marine Dredging Co PSC's COGS to Revenue for the three months ended in Sep. 2023 was 0.86.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. National Marine Dredging Co PSC's Gross Margin % for the three months ended in Sep. 2023 was 14.40%.

National Marine Dredging Co PSC COGS-to-Revenue Historical Data

The historical data trend for National Marine Dredging Co PSC'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.

National Marine Dredging Co PSC COGS-to-Revenue Chart

National Marine Dredging Co PSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

Get a 7-Day Free Trial

0.85

0.90

0.95

0.86

0.90

National Marine Dredging Co PSC Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
COGS-to-Revenue	Get a 7-Day Free Trial															0.99	0.87	0.87	0.86	0.86

National Marine Dredging Co PSC COGS-to-Revenue Calculation

National Marine Dredging Co PSC's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	9577.424	/	10685.339
	=	0.90

National Marine Dredging Co PSC's COGS to Revenue for the quarter that ended in Sep. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	3658.637	/	4274.015
	=	0.86

National Marine Dredging Co PSC (ADX:NMDC) COGS-to-Revenue Explanation

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

National Marine Dredging Co PSC's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	3658.637 / 4274.015
	=	14.40 %

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.

National Marine Dredging Co PSC COGS-to-Revenue Related Terms

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

National Marine Dredging Co PSC (ADX:NMDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » National Marine Dredging Co PSC (ADX:NMDC) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mussafah Street 16, P.O. Box 3649, Abu Dhabi, ARE

Website

https://www.nmdc.com

National Marine Dredging Co PSC is engaged in the execution of dredging contracts and associated land reclamation works in the territorial waters of the United Arab Emirates. Geographically, the company has a business presence in the United Arab Emirates and internationally. It derives the majority of the revenue from its operations in the United Arab Emirates. The company activities include Dredging and Reclamation, and Marine Construction. It has projects in various sectors such as Energy, Environment, Seaborne Trade, Tourism and Urban Development.

National Marine Dredging Co PSC (ADX:NMDC) Headlines

No Headlines