Clean Seas Seafood (ASX:CSS) COGS-to-Revenue : 0.33 (As of Dec. 2023)

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What is Clean Seas Seafood COGS-to-Revenue?

Clean Seas Seafood's Cost of Goods Sold for the six months ended in Dec. 2023 was A$11.12 Mil. Its Revenue for the six months ended in Dec. 2023 was A$34.08 Mil.

Clean Seas Seafood's COGS to Revenue for the six months ended in Dec. 2023 was 0.33.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Clean Seas Seafood's Gross Margin % for the six months ended in Dec. 2023 was 67.39%.

Clean Seas Seafood COGS-to-Revenue Historical Data

The historical data trend for Clean Seas Seafood'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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Clean Seas Seafood COGS-to-Revenue Chart

Clean Seas Seafood Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

COGS-to-Revenue

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0.60

0.84

1.03

0.06

-0.02

Clean Seas Seafood Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.13	-0.01	0.11	-0.15	0.33

Clean Seas Seafood COGS-to-Revenue Calculation

Clean Seas Seafood's COGS to Revenue for the fiscal year that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	-1.278	/	69.411
	=	-0.02

Clean Seas Seafood's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	11.116	/	34.083
	=	0.33

Clean Seas Seafood (ASX:CSS) COGS-to-Revenue Explanation

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

Clean Seas Seafood'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	-	11.116 / 34.083
	=	67.39 %

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.

Clean Seas Seafood COGS-to-Revenue Related Terms

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Clean Seas Seafood (ASX:CSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Clean Seas Seafood Ltd (ASX:CSS) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CTUNF:USA CSS:Norway C7S:Germany

Address

7 Frederick Road, Royal Park, Adelaide, SA, AUS, 5014

Website

https://www.cleanseas.com.au

Clean Seas Seafood Ltd is engaged in full-cycle breeding, production, and sale of Yellowtail Kingfish. The company's operating segments are Finfish Sales and Tuna Operations. It generates a majority of its revenue from the Finfish sales segment. The fish sales segment includes Yellowtail Kingfish, Mulloway, and some wild caught Tuna. Geographically, it derives a majority of its revenue from Australia and also has a presence in Europe and Other countries.