Thessaloniki Port Authority (ATH:OLTH) COGS-to-Revenue : 0.58 (As of Jun. 2023)

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What is Thessaloniki Port Authority COGS-to-Revenue?

Thessaloniki Port Authority's Cost of Goods Sold for the six months ended in Jun. 2023 was €23.88 Mil. Its Revenue for the six months ended in Jun. 2023 was €41.23 Mil.

Thessaloniki Port Authority's COGS to Revenue for the six months ended in Jun. 2023 was 0.58.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Thessaloniki Port Authority's Gross Margin % for the six months ended in Jun. 2023 was 42.09%.

Thessaloniki Port Authority COGS-to-Revenue Historical Data

The historical data trend for Thessaloniki Port Authority'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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Thessaloniki Port Authority COGS-to-Revenue Chart

Thessaloniki Port Authority Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.53

0.54

0.59

Thessaloniki Port Authority Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial															0.55	0.52	0.55	0.63	0.58

Thessaloniki Port Authority COGS-to-Revenue Calculation

Thessaloniki Port Authority's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	48.416	/	82.245
	=	0.59

Thessaloniki Port Authority's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	23.876	/	41.226
	=	0.58

Thessaloniki Port Authority (ATH:OLTH) COGS-to-Revenue Explanation

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

Thessaloniki Port Authority'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	-	23.876 / 41.226
	=	42.09 %

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.

Thessaloniki Port Authority COGS-to-Revenue Related Terms

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Thessaloniki Port Authority (ATH:OLTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Thessaloniki Port Authority SA (ATH:OLTH) » Definitions » COGS-to-Revenue

Traded in Other Exchanges

03P:Germany

Address

?'provlita Limenos Thessalonikis, P.O. B?x 10467, Thessaloniki, GRC, 54110

Website

http://www.thpa.gr

Thessaloniki Port Authority SA is a shipping company based in Greece. It manages the port of Thessaloniki and provides ship berthing, anchoring, mooring, loading, unloading and cargo handling and passenger services along with add-on services like water, electricity, telephone connections, The company's operational areas are categorized into four, which are vessels, containers, event halls and parking services. Most of its revenues are obtained from its container and vessel operations catering to industries, shipping agents, container transportation companies, and freight transport companies. The Event halls are another aspect of its service area, wherein the company provides premises to host multipurpose activities.

Thessaloniki Port Authority (ATH:OLTH) Headlines

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