NEL ASA (LTS:0E4Q) COGS-to-Revenue : 0.43 (As of Sep. 2024)

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What is NEL ASA COGS-to-Revenue?

NEL ASA's Cost of Goods Sold for the three months ended in Sep. 2024 was kr158 Mil. Its Revenue for the three months ended in Sep. 2024 was kr366 Mil.

NEL ASA's COGS to Revenue for the three months ended in Sep. 2024 was 0.43.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. NEL ASA's Gross Margin % for the three months ended in Sep. 2024 was 56.71%.

NEL ASA COGS-to-Revenue Historical Data

The historical data trend for NEL ASA'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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NEL ASA COGS-to-Revenue Chart

NEL ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.66

0.68

0.73

0.64

0.51

NEL ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial															0.52	0.47	0.24	0.45	0.43

NEL ASA COGS-to-Revenue Calculation

NEL ASA's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	856.926	/	1681.07
	=	0.51

NEL ASA's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	158.412	/	365.905
	=	0.43

NEL ASA (LTS:0E4Q) COGS-to-Revenue Explanation

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

NEL ASA's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	158.412 / 365.905
	=	56.71 %

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.

NEL ASA COGS-to-Revenue Related Terms

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NEL ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NEL ASA (LTS:0E4Q) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

NLLSY:USA NLLSF:USA NELo:Sweden NEL:Norway D7G:Germany

Address

Karenslyst alle 49, Oslo, NOR, N-0279

Website

https://www.nelhydrogen.com

NEL ASA is a hydrogen company delivering optimal solutions to produce, store and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Fueling and Electroiyser. It generates maximum revenue from the Electroiyser segment. Electrolyser segment produces electrolysers for hydrogen production and Fueling produces hydrogen fueling stations for cars, buses, trucks, and other on-road vehicles.

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