Casio Computer Co (Casio Computer Co) Cost of Goods Sold

: $1,064 Mil (TTM As of Dec. 2023)

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Casio Computer Co's cost of goods sold for the three months ended in Dec. 2023 was $265 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $1,064 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Casio Computer Co's Gross Margin % for the three months ended in Dec. 2023 was 43.74%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Casio Computer Co's Inventory Turnover for the three months ended in Dec. 2023 was 0.60.

Casio Computer Co Cost of Goods Sold Historical Data

The historical data trend for Casio Computer Co'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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Casio Computer Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cost of Goods Sold

1,518.55

1,468.83

1,189.33

1,200.02

1,137.02

Casio Computer Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cost of Goods Sold																282.94	278.54	249.96	270.92	264.72

Casio Computer Co 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 quarterly data reported by the company within the most recent 12 months, which was $1,064 Mil.

Casio Computer Co (OTCPK:CSIOF) Cost of Goods Sold Explanation

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

Casio Computer Co's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(470.491	-	264.715)	/	470.491
	=	43.74 %

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:

Casio Computer Co's Inventory Turnover for the three months ended in Dec. 2023 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	264.715	/	442.367
	=	0.60

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.

Casio Computer Co Cost of Goods Sold Related Terms

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Casio Computer Co (Casio Computer Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Casio Computer Co Ltd (OTCPK:CSIOF) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

CSIOY:USA 6952:Japan CAC1:Germany

Address

6-2, Hon-machi 1-chome, Shibuya-ku, Tokyo, JPN, 151-8543

Website

http://www.casio.jp

Casio Computer is well-known as a watch and calculator manufacturer. Casio, founded in 1957, has cultivated the consumer electronics market by inventing distinctive products. Milestones in its history include the Casio Mini (1972), the world's first personal electronic calculator; G-Shock (1983), a shock-resistant wristwatch; and QV-10 (1995), the world's first digital camera with an LCD display. Approximately 60% of its revenue and most of its profits are from the timepieces segment.