Mooreast Holdings (SGX:1V3) COGS-to-Revenue : 0.59 (As of Jun. 2023)

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What is Mooreast Holdings COGS-to-Revenue?

Mooreast Holdings's Cost of Goods Sold for the six months ended in Jun. 2023 was S$8.50 Mil. Its Revenue for the six months ended in Jun. 2023 was S$14.42 Mil.

Mooreast Holdings's COGS to Revenue for the six months ended in Jun. 2023 was 0.59.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mooreast Holdings's Gross Margin % for the six months ended in Jun. 2023 was 41.08%.

Mooreast Holdings COGS-to-Revenue Historical Data

The historical data trend for Mooreast Holdings'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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Mooreast Holdings COGS-to-Revenue Chart

Mooreast Holdings Annual Data

Trend

Dec20

Dec21

Dec22

COGS-to-Revenue

0.60

0.58

0.61

Mooreast Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
COGS-to-Revenue	Get a 7-Day Free Trial			0.58	0.57	0.67	0.56	0.59

Mooreast Holdings COGS-to-Revenue Calculation

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	16.974	/	27.838
	=	0.61

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8.495	/	14.419
	=	0.59

Mooreast Holdings (SGX:1V3) COGS-to-Revenue Explanation

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

Mooreast Holdings'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	-	8.495 / 14.419
	=	41.08 %

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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Mooreast Holdings (SGX:1V3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mooreast Holdings Ltd (SGX:1V3) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

51 Shipyard Road, Mooreast Offshore Base, Singapore, SGP, 628139

Website

https://www.mooreast.com

Mooreast Holdings Ltd is a total mooring solutions specialist, serving the offshore oil and gas, marine and offshore renewable energy industries. With strong in-house capabilities in design, engineering and fabrication, the company offers a full range of mooring solutions including the design, engineering, fabrication, supply, mobilisation and logistics, installation and commissioning services for mooring systems and mooring system components as well as the provision of rigging and heavy lifting equipment.

Mooreast Holdings (SGX:1V3) Headlines

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