Stainless Tankers ASA (OSL:STST) COGS-to-Revenue : 0.62 (As of Dec. 2024)

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What is Stainless Tankers ASA COGS-to-Revenue?

Stainless Tankers ASA's Cost of Goods Sold for the three months ended in Dec. 2024 was kr110.5 Mil. Its Revenue for the three months ended in Dec. 2024 was kr179.5 Mil.

Stainless Tankers ASA's COGS to Revenue for the three months ended in Dec. 2024 was 0.62.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Stainless Tankers ASA's Gross Margin % for the three months ended in Dec. 2024 was 38.43%.

Stainless Tankers ASA COGS-to-Revenue Historical Data

The historical data trend for Stainless Tankers 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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Stainless Tankers ASA COGS-to-Revenue Chart

Stainless Tankers ASA Annual Data

Trend

Dec23

Dec24

COGS-to-Revenue

0.62

0.60

Stainless Tankers ASA Quarterly Data
	Feb23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
COGS-to-Revenue	Get a 7-Day Free Trial			0.59	0.64	0.56	0.59	0.62

Stainless Tankers ASA COGS-to-Revenue Calculation

Stainless Tankers ASA's COGS to Revenue for the fiscal year that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	458.567	/	765.052
	=	0.60

Stainless Tankers ASA's COGS to Revenue for the quarter that ended in Dec. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	110.51	/	179.482
	=	0.62

Stainless Tankers ASA (OSL:STST) COGS-to-Revenue Explanation

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

Stainless Tankers ASA's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	110.51 / 179.482
	=	38.43 %

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.

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Stainless Tankers ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Stainless Tankers ASA (OSL:STST) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ZC0:Germany

Address

Henrik Ibsens gate 90, Oslo, NOR, 0255

Website

https://www.stainlesstankers.com

Stainless Tankers ASA is a shipping company specializing in providing seaborne transportation of chemical cargoes world-wide. The Company provides investors with pure-play stainless steel chemical tanker exposure in an investor-friendly structure through its fleet of seven stainless steel vessels.

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