Thoresen Thai Agencies PCL (Thoresen Thai Agencies PCL) COGS-to-Revenue : 0.80 (As of Dec. 2023)

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What is Thoresen Thai Agencies PCL COGS-to-Revenue?

Thoresen Thai Agencies PCL's Cost of Goods Sold for the three months ended in Dec. 2023 was $152.0 Mil. Its Revenue for the three months ended in Dec. 2023 was $189.8 Mil.

Thoresen Thai Agencies PCL's COGS to Revenue for the three months ended in Dec. 2023 was 0.80.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Thoresen Thai Agencies PCL's Gross Margin % for the three months ended in Dec. 2023 was 19.93%.

Thoresen Thai Agencies PCL COGS-to-Revenue Historical Data

The historical data trend for Thoresen Thai Agencies PCL'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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Thoresen Thai Agencies PCL COGS-to-Revenue Chart

Thoresen Thai Agencies PCL Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.86

0.87

0.73

0.75

0.82

Thoresen Thai Agencies PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.77	0.85	0.82	0.82	0.80

Thoresen Thai Agencies PCL COGS-to-Revenue Calculation

Thoresen Thai Agencies PCL's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	562.097	/	685.387
	=	0.82

Thoresen Thai Agencies PCL's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	152.004	/	189.848
	=	0.80

Thoresen Thai Agencies PCL (OTCPK:THAFF) COGS-to-Revenue Explanation

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

Thoresen Thai Agencies PCL'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	-	152.004 / 189.848
	=	19.93 %

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.

Thoresen Thai Agencies PCL COGS-to-Revenue Related Terms

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Thoresen Thai Agencies PCL (Thoresen Thai Agencies PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Thoresen Thai Agencies PCL (OTCPK:THAFF) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

TTA:Thailand NYVU:Germany

Address

Ploenchit Road, 26/26-27 Orakarn Building, 8th Floor, Soi Chidlom, Kwaeng Lumpinee, Khet Pathumwan, Bangkok, THA, 10330

Website

https://www.thoresen.com

Thoresen Thai Agencies PCL is an investment holding company. The company operates in five main segments: shipping, offshore service, agrochemical, food and beverage, and investment. Its activities include ownership of dry bulk vessels, certain shipping services, offshore services related to oil and gas, production and sales of fertilizers, coal trading, warehouse, and logistics services, and food and beverage. The maximum revenue is derived from Shipping Segment.

Thoresen Thai Agencies PCL (Thoresen Thai Agencies PCL) Headlines

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