Icon Offshore Bhd (XKLS:5255) COGS-to-Revenue : 1.13 (As of Dec. 2023)

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What is Icon Offshore Bhd COGS-to-Revenue?

Icon Offshore Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM47.7 Mil. Its Revenue for the three months ended in Dec. 2023 was RM42.2 Mil.

Icon Offshore Bhd's COGS to Revenue for the three months ended in Dec. 2023 was 1.13.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Icon Offshore Bhd's Gross Margin % for the three months ended in Dec. 2023 was -13.05%.

Icon Offshore Bhd COGS-to-Revenue Historical Data

The historical data trend for Icon Offshore Bhd'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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Icon Offshore Bhd COGS-to-Revenue Chart

Icon Offshore Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.68

0.67

0.64

0.73

0.81

Icon Offshore Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial															-	0.79	0.70	0.68	1.13

Icon Offshore Bhd COGS-to-Revenue Calculation

Icon Offshore Bhd's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	161.272	/	199.788
	=	0.81

Icon Offshore Bhd's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	47.666	/	42.165
	=	1.13

Icon Offshore Bhd (XKLS:5255) COGS-to-Revenue Explanation

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

Icon Offshore Bhd's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	47.666 / 42.165
	=	-13.05 %

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.

Icon Offshore Bhd COGS-to-Revenue Related Terms

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Icon Offshore Bhd (XKLS:5255) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Icon Offshore Bhd (XKLS:5255) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

207, Jalan Tun Razak, 16-01, Level 16, Menara Tan & Tan, Wilayah Persekutuan, Kuala Lumpur, MYS, 50450

Website

https://www.iconoffshore.com.my

Icon Offshore Bhd is an offshore support vessel (OSV) provider in Malaysia. Its business involves vessel owning/leasing activities and the provision of vessel chartering and ship management services to the oil and gas-related industries. The company offers a wide range of logistical support services throughout the entire offshore oil and gas life cycle, from exploration and appraisal, field development, operation, and maintenance, through to decommissioning.

Icon Offshore Bhd (XKLS:5255) Headlines

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