Kitron ASA (OSL:KIT) COGS-to-Revenue : 0.68 (As of Dec. 2023)

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What is Kitron ASA COGS-to-Revenue?

Kitron ASA's Cost of Goods Sold for the three months ended in Dec. 2023 was kr1,550 Mil. Its Revenue for the three months ended in Dec. 2023 was kr2,290 Mil.

Kitron ASA's COGS to Revenue for the three months ended in Dec. 2023 was 0.68.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kitron ASA's Gross Margin % for the three months ended in Dec. 2023 was 32.35%.

Kitron ASA COGS-to-Revenue Historical Data

The historical data trend for Kitron 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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Kitron ASA COGS-to-Revenue Chart

Kitron ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.67

0.66

0.69

0.68

Kitron ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.67	0.68	0.68	0.68	0.68

Kitron ASA COGS-to-Revenue Calculation

Kitron 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
	=	6077.697	/	8918.097
	=	0.68

Kitron ASA's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1549.623	/	2290.497
	=	0.68

Kitron ASA (OSL:KIT) COGS-to-Revenue Explanation

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

Kitron ASA's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1549.623 / 2290.497
	=	32.35 %

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.

Kitron ASA COGS-to-Revenue Related Terms

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Kitron ASA (OSL:KIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kitron ASA (OSL:KIT) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

KITO:Sweden KP5:Germany

Address

Olav Brunborgs vei 4, Billingstad, NOR, 1396

Website

https://www.kitron.com

Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' own products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. The company has manufacturing facilities in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, and the United States. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets. The company operates in a single segment Electronics Manufacturing Services from which it earns the majority of its revenues.

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