Alternus Clean Energy (Alternus Clean Energy) COGS-to-Revenue : 0.22 (As of Dec. 2023)

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What is Alternus Clean Energy COGS-to-Revenue?

Alternus Clean Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was $4.47 Mil. Its Revenue for the six months ended in Dec. 2023 was $20.08 Mil.

Alternus Clean Energy's COGS to Revenue for the six months ended in Dec. 2023 was 0.22.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Alternus Clean Energy's Gross Margin % for the six months ended in Dec. 2023 was 77.75%.

Alternus Clean Energy COGS-to-Revenue Historical Data

The historical data trend for Alternus Clean Energy'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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Alternus Clean Energy COGS-to-Revenue Chart

Alternus Clean Energy Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

0.33

0.26

0.22

Alternus Clean Energy Semi-Annual Data
	Dec21	Dec22	Dec23
COGS-to-Revenue	0.33	0.26	0.22

Alternus Clean Energy COGS-to-Revenue Calculation

Alternus Clean Energy's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.468	/	20.084
	=	0.22

Alternus Clean Energy's COGS to Revenue for the quarter that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.468	/	20.084
	=	0.22

Alternus Clean Energy (NAS:ALCE) COGS-to-Revenue Explanation

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

Alternus Clean Energy's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	4.468 / 20.084
	=	77.75 %

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.

Alternus Clean Energy COGS-to-Revenue Related Terms

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Alternus Clean Energy (Alternus Clean Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (NAS:ALCE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Blanchardstown Corporate Park 2, Suite 9 & 10 Plaza 212, Dublin, IRL, D15 R504

Website

https://www.alternusenergy.com

Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and in the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids.

Alternus Clean Energy (Alternus Clean Energy) Headlines

From GuruFocus

Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

By Marketwired • 04-22-2024