GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Carpenter Tan Holdings Ltd (HKSE:00837) » Definitions » Cost of Goods Sold

Carpenter Tan Holdings (HKSE:00837) Cost of Goods Sold : HK$217.5 Mil (TTM As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Carpenter Tan Holdings Cost of Goods Sold?

Carpenter Tan Holdings's cost of goods sold for the six months ended in Dec. 2023 was HK$106.0 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was HK$217.5 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Carpenter Tan Holdings's Gross Margin % for the six months ended in Dec. 2023 was 60.1%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Carpenter Tan Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 0.41.


Carpenter Tan Holdings Cost of Goods Sold Historical Data

The historical data trend for Carpenter Tan Holdings'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.

Carpenter Tan Holdings Cost of Goods Sold Chart

Carpenter Tan Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.98 141.82 160.55 159.42 217.46

Carpenter Tan Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 81.03 78.41 84.72 111.44 106.01

Carpenter Tan Holdings 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$217.5 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.


Carpenter Tan Holdings  (HKSE:00837) Cost of Goods Sold Explanation

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

Carpenter Tan Holdings's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(265.694 - 106.011) / 265.694
=60.1 %

* 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:

Carpenter Tan Holdings's Inventory Turnover for the six months ended in Dec. 2023 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.


Carpenter Tan Holdings Cost of Goods Sold Related Terms

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


Carpenter Tan Holdings (HKSE:00837) Business Description

Traded in Other Exchanges
N/A
Address
1A-1L Tung Choi Street, Room 708, 7th Floor, Witty Commercial Building, Mong Kok, Kowloon, Hong Kong, CHN
Carpenter Tan Holdings Ltd is engaged in the design, manufacture, and distribution of small wooden handicrafts and accessories. It is also engaged in the operation of retail shops for direct sale of the Group's products in Hong Kong. The company designs, manufactures and distributes small size wooden handicrafts and accessories, including wooden combs, wooden mirrors, wooden box set and other wooden accessories and adornments, under the brand name of Carpenter Tan; operates a franchise and distribution network primarily in the PRC; and operates retail shops for direct sale of the group's products in Hong Kong and the PRC. Its revenue and results from operations are mainly derived from activities in the PRC.
Executives
Fan Cheng Qin
Lead Charm Investments Limited
Tan Chuan Hua

Carpenter Tan Holdings (HKSE:00837) Headlines

No Headlines