GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Country Road Ltd (ASX:CTY) » Definitions » Cost of Goods Sold

Country Road (ASX:CTY) Cost of Goods Sold : A$294.0 Mil (TTM As of Dec. 2013)


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

What is Country Road Cost of Goods Sold?

Country Road's cost of goods sold for the six months ended in Dec. 2013 was A$155.9 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2013 was A$294.0 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Country Road's Gross Margin % for the six months ended in Dec. 2013 was 63.09%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Country Road's Inventory Turnover for the six months ended in Dec. 2013 was 1.89.


Country Road Cost of Goods Sold Historical Data

The historical data trend for Country Road'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.

Country Road Cost of Goods Sold Chart

Country Road Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 145.28 164.79 171.26 175.84 266.36

Country Road Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 92.54 83.31 128.19 138.17 155.87

Country Road 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. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$294.0 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.


Country Road  (ASX:CTY) Cost of Goods Sold Explanation

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

Country Road's Gross Margin % for the six months ended in Dec. 2013 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(422.315 - 155.874) / 422.315
=63.09 %

* 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:

Country Road's Inventory Turnover for the six months ended in Dec. 2013 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.


Country Road Cost of Goods Sold Related Terms

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


Country Road (ASX:CTY) Business Description

Traded in Other Exchanges
N/A
Address
Country Road Limited is involved in the retail of fashion apparel, accessories, home wares and home furnishings. It offers dresses, jackets and coats, jeans, cosmetic bags, belts, handbags, hats and gloves, bath products, among others.

Country Road (ASX:CTY) Headlines

No Headlines