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Foresight 2 VCT (LSE:FTNI) Cost of Goods Sold : £0.00 Mil (TTM As of Mar. 2015)


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What is Foresight 2 VCT Cost of Goods Sold?

Foresight 2 VCT's cost of goods sold for the six months ended in Mar. 2015 was £0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2015 was £0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Foresight 2 VCT's Gross Margin % for the six months ended in Mar. 2015 was 100%.

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


Foresight 2 VCT Cost of Goods Sold Historical Data

The historical data trend for Foresight 2 VCT'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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Foresight 2 VCT Cost of Goods Sold Chart

Foresight 2 VCT Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Cost of Goods Sold
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Foresight 2 VCT Semi-Annual Data
Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15
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Foresight 2 VCT 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 Mar. 2015 adds up the semi-annually 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.


Foresight 2 VCT  (LSE:FTNI) Cost of Goods Sold Explanation

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

Foresight 2 VCT's Gross Margin % for the six months ended in Mar. 2015 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.407 - 0) / 0.407
=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:

Foresight 2 VCT's Inventory Turnover for the six months ended in Mar. 2015 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.


Foresight 2 VCT Cost of Goods Sold Related Terms

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Foresight 2 VCT (LSE:FTNI) Business Description

Traded in Other Exchanges
N/A
Address
The Shard 32, 32 London Bridge Street, London, Kent, GBR, SE1 9SG
Foresight 2 VCT PLC is a venture capital company. The Company's investment objective is to provide private investors with attractive returns by investing in range of securities including ordinary and preference shares, loan stock as well as cash. Foresight Group is the manager of the Company and provides investment management and other administrative services.

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