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Golden Harvest Agro Industries (DHA:GHAIL) Cost of Goods Sold : BDT585 Mil (TTM As of Dec. 2023)


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What is Golden Harvest Agro Industries Cost of Goods Sold?

Golden Harvest Agro Industries's cost of goods sold for the three months ended in Dec. 2023 was BDT145 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was BDT585 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Golden Harvest Agro Industries's Gross Margin % for the three months ended in Dec. 2023 was 42.56%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Golden Harvest Agro Industries's Inventory Turnover for the three months ended in Dec. 2023 was 0.29.


Golden Harvest Agro Industries Cost of Goods Sold Historical Data

The historical data trend for Golden Harvest Agro Industries'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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Golden Harvest Agro Industries Cost of Goods Sold Chart

Golden Harvest Agro Industries 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 1,229.08 517.42 379.04 518.97 568.96

Golden Harvest Agro Industries 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 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 129.97 126.42 149.92 164.39 144.55

Golden Harvest Agro Industries 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 BDT585 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.


Golden Harvest Agro Industries  (DHA:GHAIL) Cost of Goods Sold Explanation

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

Golden Harvest Agro Industries's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(251.654 - 144.546) / 251.654
=42.56 %

* 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:

Golden Harvest Agro Industries's Inventory Turnover for the three 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.


Golden Harvest Agro Industries Cost of Goods Sold Related Terms

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Golden Harvest Agro Industries (DHA:GHAIL) Business Description

Traded in Other Exchanges
N/A
Address
186, Gulshan -Tejgaon Link Road, S/501 & 502, Shanta Western Tower, Level-5, Tejgoan I/A, Dhaka, BGD, 1208
Golden Harvest Agro Industries Ltd engages in owning and controlling the frozen food processing plant. The company offers frozen food products of vegetables, ready to eat foods, finger foods, and other products, as well as ice cream and milk. It is also involved in vegetable processing activities. The company's business activities include growing, procuring, purchasing, processing, packaging, warehousing, transporting, exporting, importing, distributing and selling. The company has three segments frozen snacks and dairy, majority of its revenue is derived from frozen snacks segment.

Golden Harvest Agro Industries (DHA:GHAIL) Headlines

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