GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aker Carbon Capture ASA (STU:606) » Definitions » Cost of Goods Sold

Aker Carbon Capture ASA (STU:606) Cost of Goods Sold : €177.2 Mil (TTM As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Aker Carbon Capture ASA Cost of Goods Sold?

Aker Carbon Capture ASA's cost of goods sold for the three months ended in Jun. 2024 was €0.0 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2024 was €177.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Aker Carbon Capture ASA's Gross Margin % for the three months ended in Jun. 2024 was 100%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


Aker Carbon Capture ASA Cost of Goods Sold Historical Data

The historical data trend for Aker Carbon Capture 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.

* Premium members only.

Aker Carbon Capture ASA Cost of Goods Sold Chart

Aker Carbon Capture ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
- 32.80 67.34 129.68

Aker Carbon Capture ASA Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -26.62 36.30 98.15 42.75 -

Aker Carbon Capture 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €177.2 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.


Aker Carbon Capture ASA  (STU:606) Cost of Goods Sold Explanation

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

Aker Carbon Capture ASA's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(-49.561 - 0) / -49.561
=100 %

* 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:

Aker Carbon Capture ASA's Inventory Turnover for the three months ended in Jun. 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.


Aker Carbon Capture ASA Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Aker Carbon Capture ASA's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


Aker Carbon Capture ASA Business Description

Address
John Strandrudsvei No 10-12, Lysaker, Lysaker, NOR, 1366
Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.

Aker Carbon Capture ASA Headlines

No Headlines