Gram Car Carriers ASA (OSTO:GCCO) COGS-to-Revenue : 0.35 (As of Mar. 2024)

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What is Gram Car Carriers ASA COGS-to-Revenue?

Gram Car Carriers ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr202 Mil. Its Revenue for the three months ended in Mar. 2024 was kr582 Mil.

Gram Car Carriers ASA's COGS to Revenue for the three months ended in Mar. 2024 was 0.35.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Gram Car Carriers ASA's Gross Margin % for the three months ended in Mar. 2024 was 65.21%.

Gram Car Carriers ASA COGS-to-Revenue Historical Data

The historical data trend for Gram Car Carriers 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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Gram Car Carriers ASA COGS-to-Revenue Chart

Gram Car Carriers ASA Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

0.83

0.62

0.43

Gram Car Carriers ASA Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial								0.46	0.43	0.37	0.49	0.35

Gram Car Carriers ASA COGS-to-Revenue Calculation

Gram Car Carriers 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
	=	921.227	/	2119.744
	=	0.43

Gram Car Carriers ASA's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	202.489	/	582.063
	=	0.35

Gram Car Carriers ASA (OSTO:GCCo) COGS-to-Revenue Explanation

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

Gram Car Carriers ASA's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	202.489 / 582.063
	=	65.21 %

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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Gram Car Carriers ASA (OSTO:GCCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gram Car Carriers ASA (OSTO:GCCo) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

GCC:Norway G39:Germany

Address

Bryggegata 9 (Aker Brygge), Oslo, NOR, 0250

Website

https://www.gramcar.com

Gram Car Carriers ASA is a tonnage provider with a fleet of distribution vessels, mid-size vessels, and Panamax vessels. Geographically company has a presence in Europe, Asia, and others. The majority of the revenue is derived from Asia.

Gram Car Carriers ASA (OSTO:GCCO) Headlines

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