GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Truworths International Ltd (NAM:TRW) » Definitions » Cost of Goods Sold

Truworths International (NAM:TRW) Cost of Goods Sold : R9,863 Mil (TTM As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Truworths International Cost of Goods Sold?

Truworths International's cost of goods sold for the six months ended in Dec. 2023 was R5,461 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was R9,863 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Truworths International's Gross Margin % for the six months ended in Dec. 2023 was 53.62%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Truworths International's Inventory Turnover for the six months ended in Dec. 2023 was 2.52.


Truworths International Cost of Goods Sold Historical Data

The historical data trend for Truworths International'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.

Truworths International Cost of Goods Sold Chart

Truworths International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,749.00 8,065.00 8,042.00 8,316.00 9,445.00

Truworths International 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 4,457.00 3,859.00 5,043.00 4,402.00 5,461.00

Truworths International 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 R9,863 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.


Truworths International  (NAM:TRW) Cost of Goods Sold Explanation

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

Truworths International's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(11774 - 5461) / 11774
=53.62 %

* 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:

Truworths International'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.


Truworths International Cost of Goods Sold Related Terms

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


Truworths International (NAM:TRW) Business Description

Traded in Other Exchanges
Address
Number 1 Mostert Street, CBD, Cape Town, WC, ZAF, 8001
Truworths International Ltd is a clothing and footwear retailer with nearly a thousand stores in Africa and Europe. Its African brands include Truworths, Daniel Hechter, Inwear, Identity, and LTD. Its European brands include Office and Offspring footwear retailers. The company's stores generally sell only proprietary brands, but Office primarily sells global third-party footwear brands. Most of the company's retail locations and sales are in South Africa. Collectively, South Africa and the United Kingdom account for roughly 90% of the company's business. E-commerce sales make up a small portion of total revenue.

Truworths International (NAM:TRW) Headlines

No Headlines