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LumX Group (XSWX:LUMX) Cost of Goods Sold : CHF7.14 Mil (TTM As of Dec. 2019)


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What is LumX Group Cost of Goods Sold?

LumX Group's cost of goods sold for the six months ended in Dec. 2019 was CHF3.27 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2019 was CHF7.14 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. LumX Group's Gross Margin % for the six months ended in Dec. 2019 was 15.63%.

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


LumX Group Cost of Goods Sold Historical Data

The historical data trend for LumX Group'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.

LumX Group Cost of Goods Sold Chart

LumX Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.64 14.22 10.05 8.48 7.12

LumX Group Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 4.64 4.28 4.19 3.87 3.27

LumX Group 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. 2019 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF7.14 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.


LumX Group  (XSWX:LUMX) Cost of Goods Sold Explanation

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

LumX Group's Gross Margin % for the six months ended in Dec. 2019 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(3.876 - 3.27) / 3.876
=15.63 %

* 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:

LumX Group's Inventory Turnover for the six months ended in Dec. 2019 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.


LumX Group Cost of Goods Sold Related Terms

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LumX Group (XSWX:LUMX) Business Description

Traded in Other Exchanges
N/A
Address
Martello Court, Admiral Park, Saint Peter Port, GGY, GY1 3HB
LumX Group Ltd is a holding company, which engages in the provision of investment, risk management, and structuring solutions to a primarily institutional client base. The company offers a full suite of products and services focused on alternative investments, multi-asset portfolio management, and risk management services. It operates through the following geographic areas: Europe, Asia Pacific, the Cayman Islands, North America, and the British Virgin Islands.

LumX Group (XSWX:LUMX) Headlines

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