Black Sea Property (AQSE:BSP) COGS-to-Revenue : 1.07 (As of Jun. 2023)

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What is Black Sea Property COGS-to-Revenue?

Black Sea Property's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.28 Mil. Its Revenue for the six months ended in Jun. 2023 was €0.27 Mil.

Black Sea Property's COGS to Revenue for the six months ended in Jun. 2023 was 1.07.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Black Sea Property's Gross Margin % for the six months ended in Jun. 2023 was -7.17%.

Black Sea Property COGS-to-Revenue Historical Data

The historical data trend for Black Sea Property'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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Black Sea Property COGS-to-Revenue Chart

Black Sea Property Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.88

0.70

0.84

0.46

1.22

Black Sea Property Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial										1.31	0.28	0.87	1.27	1.07

Black Sea Property COGS-to-Revenue Calculation

Black Sea Property's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1.409	/	1.159
	=	1.22

Black Sea Property's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.284	/	0.265
	=	1.07

Black Sea Property (AQSE:BSP) COGS-to-Revenue Explanation

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

Black Sea Property's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.284 / 0.265
	=	-7.17 %

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.

Black Sea Property COGS-to-Revenue Related Terms

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Black Sea Property (AQSE:BSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Black Sea Property PLC (AQSE:BSP) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

N/A

Address

Victory House, Prospect Hill, 6th Floor, Douglas, IMN, IM1 1EQ

Website

https://www.blackseapropertyplc.com

Black Sea Property PLC is a real estate company focused on investments in Bulgaria. It seeks to generate capital gains through development, financing and sale of property in Bulgaria, including the prime areas of Bulgaria's Black Sea coast, the ski resorts and the capital, Sofia. The Board is seeking to create a diverse portfolio of opportunistic and value-added Bulgarian real estate assets, including development land, partially completed construction projects and completed buildings.

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