ADNOC Logistics & Services (ADX:ADNOCLS) COGS-to-Revenue : 0.73 (As of Dec. 2023)

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What is ADNOC Logistics & Services COGS-to-Revenue?

ADNOC Logistics & Services's Cost of Goods Sold for the six months ended in Dec. 2023 was د.إ7,358 Mil. Its Revenue for the six months ended in Dec. 2023 was د.إ10,120 Mil.

ADNOC Logistics & Services's COGS to Revenue for the six months ended in Dec. 2023 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. ADNOC Logistics & Services's Gross Margin % for the six months ended in Dec. 2023 was 27.29%.

ADNOC Logistics & Services COGS-to-Revenue Historical Data

The historical data trend for ADNOC Logistics & 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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ADNOC Logistics & Services COGS-to-Revenue Chart

ADNOC Logistics & Services Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

0.81

0.79

0.73

ADNOC Logistics & Services Semi-Annual Data
	Dec21	Dec22	Dec23
COGS-to-Revenue	0.81	0.79	0.73

ADNOC Logistics & Services COGS-to-Revenue Calculation

ADNOC Logistics & 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
	=	7357.839	/	10119.665
	=	0.73

ADNOC Logistics & Services's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	7357.839	/	10119.665
	=	0.73

ADNOC Logistics & Services (ADX:ADNOCLS) COGS-to-Revenue Explanation

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

ADNOC Logistics & Services's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	7357.839 / 10119.665
	=	27.29 %

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.

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ADNOC Logistics & Services (ADX:ADNOCLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ADNOC Logistics & Services plc (ADX:ADNOCLS) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, Part of Level 28, 28, Al Sarab Tower, Al Maryah Island, Abu Dhabi, ARE, 764649

Website

https://www.adnoc.ae

ADNOC Logistics & Services plc provides fully-integrated, end-to-end services to ADNOC Group companies and our extensive range of customers in the global energy maritime industry. Its business is organised into six operating segments plus others namely tankers, gas carriers, dry bulk shipping (which includes containers), offshore logistics services, onshore logistics services, marine services, and others.

ADNOC Logistics & Services (ADX:ADNOCLS) Headlines

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