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Deer Consumer Products (Deer Consumer Products) Cost of Goods Sold

: $167.0 Mil (TTM As of Jun. 2012)
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Deer Consumer Products's cost of goods sold for the three months ended in Jun. 2012 was $31.9 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2012 was $167.0 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Deer Consumer Products's Gross Margin % for the three months ended in Jun. 2012 was 29.22%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Deer Consumer Products's Inventory Turnover for the three months ended in Jun. 2012 was 0.46.


Deer Consumer Products Cost of Goods Sold Historical Data

The historical data trend for Deer Consumer Products'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.

Deer Consumer Products Annual Data
Trend Sep07 Dec08 Dec09 Dec10 Dec11
Cost of Goods Sold
- 34.13 61.18 125.28 157.54

Deer Consumer Products Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
Cost of Goods Sold 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 Premium Member Only Premium Member Only Premium Member Only 31.98 50.74 50.10 34.35 31.86

Deer Consumer Products 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 Jun. 2012 adds up the quarterly data reported by the company within the most recent 12 months, which was $167.0 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.


Deer Consumer Products  (OTCPK:DEER) Cost of Goods Sold Explanation

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

Deer Consumer Products's Gross Margin % for the three months ended in Jun. 2012 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(45.006 - 31.856) / 45.006
=29.22 %

* 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:

Deer Consumer Products's Inventory Turnover for the three months ended in Jun. 2012 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.


Deer Consumer Products Cost of Goods Sold Related Terms

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Deer Consumer Products (Deer Consumer Products) Business Description

Traded in Other Exchanges
N/A
Address
Area 21/F, Building M-6, Central High-Tech Industrial Park, Nanshan, Shenzhen, CHN, 518057
Deer Consumer Products Inc is a designer, manufacturer and seller of quality small home and kitchen electric appliances.
Executives
Arnold Staloff director 1605 MAYFLOWER LANE, CHERRY HILL NJ 08003

Deer Consumer Products (Deer Consumer Products) Headlines