Absolicon Solar Collector AB (XSAT:ABSL B) COGS-to-Revenue : 0.36 (As of Mar. 2024)

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What is Absolicon Solar Collector AB COGS-to-Revenue?

Absolicon Solar Collector AB's Cost of Goods Sold for the three months ended in Mar. 2024 was kr0.72 Mil. Its Revenue for the three months ended in Mar. 2024 was kr1.99 Mil.

Absolicon Solar Collector AB's COGS to Revenue for the three months ended in Mar. 2024 was 0.36.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Absolicon Solar Collector AB's Gross Margin % for the three months ended in Mar. 2024 was 63.63%.

Absolicon Solar Collector AB COGS-to-Revenue Historical Data

The historical data trend for Absolicon Solar Collector AB'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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Absolicon Solar Collector AB COGS-to-Revenue Chart

Absolicon Solar Collector AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

COGS-to-Revenue

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0.37

-0.40

-0.13

0.04

-0.84

Absolicon Solar Collector AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															-1.97	-11.74	-2.97	-1.09	0.36

Absolicon Solar Collector AB COGS-to-Revenue Calculation

Absolicon Solar Collector AB's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	-3.57	/	4.245
	=	-0.84

Absolicon Solar Collector AB's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.722	/	1.985
	=	0.36

Absolicon Solar Collector AB (XSAT:ABSL B) COGS-to-Revenue Explanation

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

Absolicon Solar Collector AB's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.722 / 1.985
	=	63.63 %

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.

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Absolicon Solar Collector AB (XSAT:ABSL B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Absolicon Solar Collector AB (XSAT:ABSL B) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

ZY0:Germany

Address

Fiskaregatan 11, Harnosand, SWE, 871 33

Website

http://www.absolicon.com

Absolicon Solar Collector AB is a supplier of solar concentrators. The company is engaged in developing, manufacturing and selling solar energy systems. Its solar heat is used in Apartments, Solar district heating, Food industry, Hospitals, Hotels, Power Plant and Sports centers. It operates in approximately 3 continents.

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