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Diamant Art (Diamant Art) Cost of Goods Sold : $0.00 Mil (TTM As of Nov. 2007)


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What is Diamant Art Cost of Goods Sold?

Diamant Art's cost of goods sold for the three months ended in Nov. 2007 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Nov. 2007 was $0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Diamant Art's Gross Margin % for the three months ended in Nov. 2007 was 100%.

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


Diamant Art Cost of Goods Sold Historical Data

The historical data trend for Diamant Art'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.

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Diamant Art Cost of Goods Sold Chart

Diamant Art Annual Data
Trend Nov00 Nov01 Nov02 Nov03 Nov04 Nov05 Nov06 Nov07
Cost of Goods Sold
Get a 7-Day Free Trial 0.17 0.18 0.22 0.26 0.49

Diamant Art Quarterly Data
Feb03 May03 Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07
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 - - - - -

Diamant Art 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 Nov. 2007 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 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.


Diamant Art  (OTCPK:DIAAF) Cost of Goods Sold Explanation

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

Diamant Art's Gross Margin % for the three months ended in Nov. 2007 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.088 - 0) / 0.088
=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:

Diamant Art's Inventory Turnover for the three months ended in Nov. 2007 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.


Diamant Art Cost of Goods Sold Related Terms

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Diamant Art (Diamant Art) Business Description

Traded in Other Exchanges
N/A
Address
5-7100 Warden Avenue, Markham, ON, CAN, L3R 8b5
Diamant Art Corp is engaged in the production, distribution and marketing of replications of original paintings.

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