Aker Solutions ASA (STU:1AKA) COGS-to-Revenue : 2.04 (As of Dec. 2023)

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What is Aker Solutions ASA COGS-to-Revenue?

Aker Solutions ASA's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,813 Mil. Its Revenue for the six months ended in Dec. 2023 was €889 Mil.

Aker Solutions ASA's COGS to Revenue for the six months ended in Dec. 2023 was 2.04.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Aker Solutions ASA's Gross Margin % for the six months ended in Dec. 2023 was -104.07%.

Aker Solutions ASA COGS-to-Revenue Historical Data

The historical data trend for Aker Solutions 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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Aker Solutions ASA COGS-to-Revenue Chart

Aker Solutions ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.53

0.51

0.57

0.60

Aker Solutions ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															0.92	0.03	1.78	0.02	2.04

Aker Solutions ASA COGS-to-Revenue Calculation

Aker Solutions 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
	=	1864.006	/	3118.933
	=	0.60

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1813.242	/	888.541
	=	2.04

Aker Solutions ASA (STU:1AKA) COGS-to-Revenue Explanation

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

Aker Solutions ASA's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	1813.242 / 888.541
	=	-104.07 %

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.

Aker Solutions ASA COGS-to-Revenue Related Terms

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Aker Solutions ASA (STU:1AKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker Solutions ASA (STU:1AKA) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

AKSOo:Sweden AKSO:Norway AKSOo:UK 0QXP:UK 1AKA:Germany

Address

Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366

Website

https://www.akersolutions.com

Aker Solutions ASA delivers integrated solutions, products, and services to the global energy industry. The company offers low-carbon oil and gas solutions and develops renewable solutions. Aker Solutions serves customers worldwide. Its reporting segments include Renewables and Field Development segment, the Electrification, Maintenance and Modifications (EMM) segment, Subsea segment, and Other.

Aker Solutions ASA (STU:1AKA) Headlines

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