Prosafe SE (OSL:PRS) COGS-to-Revenue : 0.35 (As of Dec. 2023)

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What is Prosafe SE COGS-to-Revenue?

Prosafe SE's Cost of Goods Sold for the three months ended in Dec. 2023 was kr104 Mil. Its Revenue for the three months ended in Dec. 2023 was kr294 Mil.

Prosafe SE's COGS to Revenue for the three months ended in Dec. 2023 was 0.35.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Prosafe SE's Gross Margin % for the three months ended in Dec. 2023 was 64.52%.

Prosafe SE COGS-to-Revenue Historical Data

The historical data trend for Prosafe SE'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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Prosafe SE COGS-to-Revenue Chart

Prosafe SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.42

0.78

0.24

0.15

0.32

Prosafe SE 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															0.20	0.52	0.33	0.20	0.35

Prosafe SE COGS-to-Revenue Calculation

Prosafe SE's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	328.086	/	1012.742
	=	0.32

Prosafe SE's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	104.439	/	294.328
	=	0.35

Prosafe SE (OSL:PRS) COGS-to-Revenue Explanation

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

Prosafe SE'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	-	104.439 / 294.328
	=	64.52 %

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.

Prosafe SE COGS-to-Revenue Related Terms

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Prosafe SE (OSL:PRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prosafe SE (OSL:PRS) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

PRSEF:USA PRSo:Sweden 1Q6:Germany

Address

Forusparken 2, Stavanger, NOR, 4031

Website

https://www.prosafe.com

Prosafe SE is an owner and operator of semi-submersible accommodation, safety, and support vessels, and one Tender Support Vessel. The company's vessels primarily serves energy companies on various offshore projects in global offshore oil and gas areas. The company's operations are related to the support of the lifecycle of offshore installations such as maintenance and modification of installations on fields already in production, hook-up and commissioning of new fields, tie-backs to existing infrastructure and decommissioning. Its core markets are the North Sea and Brazil.