Resqunit AB (OSTO:RESQ) COGS-to-Revenue : 0.73 (As of Jun. 2023)

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What is Resqunit AB COGS-to-Revenue?

Resqunit AB's Cost of Goods Sold for the six months ended in Jun. 2023 was kr0.43 Mil. Its Revenue for the six months ended in Jun. 2023 was kr0.59 Mil.

Resqunit AB's COGS to Revenue for the six months ended in Jun. 2023 was 0.73.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Resqunit AB's Gross Margin % for the six months ended in Jun. 2023 was 27.38%.

Resqunit AB COGS-to-Revenue Historical Data

The historical data trend for Resqunit AB'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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Resqunit AB COGS-to-Revenue Chart

Resqunit AB Annual Data

Trend

Dec21

Dec22

COGS-to-Revenue

1.18

Resqunit AB Semi-Annual Data
	Jun21	Jun22	Dec22	Jun23
COGS-to-Revenue	2.21	1.75	1.09	0.73

Resqunit AB COGS-to-Revenue Calculation

Resqunit AB's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.401	/	0.34
	=	1.18

Resqunit AB's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.427	/	0.588
	=	0.73

Resqunit AB (OSTO:RESQ) COGS-to-Revenue Explanation

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

Resqunit AB'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	-	0.427 / 0.588
	=	27.38 %

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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Resqunit AB (OSTO:RESQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Resqunit AB (OSTO:RESQ) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Grenseveien 21, Sandnes, NOR, 4313

Website

https://www.resqunit.com

Resqunit AB is an ocean tech company developing innovative equipment to disarm and retrieve lost fishing gear. Through sensor data collection and software, the company aims to increase knowledge about the oceans and increase catch predictability.

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