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Klaveness Combination Carriers ASA (OSL:KCC) Cost of Goods Sold : kr1,303 Mil (TTM As of Dec. 2024)


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What is Klaveness Combination Carriers ASA Cost of Goods Sold?

Klaveness Combination Carriers ASA's cost of goods sold for the three months ended in Dec. 2024 was kr336 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was kr1,303 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Klaveness Combination Carriers ASA's Gross Margin % for the three months ended in Dec. 2024 was 48.94%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Klaveness Combination Carriers ASA's Inventory Turnover for the three months ended in Dec. 2024 was 2.43.


Klaveness Combination Carriers ASA Cost of Goods Sold Historical Data

The historical data trend for Klaveness Combination Carriers ASA's Cost of Goods Sold 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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Klaveness Combination Carriers ASA Cost of Goods Sold Chart

Klaveness Combination Carriers ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 952.25 1,235.98 1,521.47 1,570.47 1,623.14

Klaveness Combination Carriers ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 339.78 306.12 314.44 346.58 335.54

Klaveness Combination Carriers ASA Cost of Goods Sold Calculation

Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.

Cost of Goods Sold for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,303 Mil.

* 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.


Klaveness Combination Carriers ASA  (OSL:KCC) Cost of Goods Sold Explanation

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

Klaveness Combination Carriers ASA's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(657.134 - 335.535) / 657.134
=48.94 %

* 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.

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.

Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:

Klaveness Combination Carriers ASA's Inventory Turnover for the three months ended in Dec. 2024 is calculated as:

* 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.

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.


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Klaveness Combination Carriers ASA Business Description

Traded in Other Exchanges
Address
Drammensveien 260, Oslo, NOR, 0283
Klaveness Combination Carriers ASA is an owner and operator of combination carriers and operates mainly within the dry bulk shipping industry and the product tanker industry in Norway. The company has developed and refined vessel design and equipment, operational procedures, and crew training to provide customers with efficient, reliable, and high-quality shipping services. Its objective is to establish and expand a profitable combination carrier service within several regions, servicing the alumina and the petroleum/petrochemical industries. It has two segments e CABUs and CLEANBUs.

Klaveness Combination Carriers ASA Headlines