GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fotex Holding SE Co Ltd (LUX:FTXHG) » Definitions » Cost of Goods Sold

Fotex Holding SE Co (LUX:FTXHG) Cost of Goods Sold : €0.64 Mil (TTM As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Fotex Holding SE Co Cost of Goods Sold?

Fotex Holding SE Co's cost of goods sold for the six months ended in Dec. 2023 was €0.36 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was €0.64 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Fotex Holding SE Co's Gross Margin % for the six months ended in Dec. 2023 was 98.22%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Fotex Holding SE Co's Inventory Turnover for the six months ended in Dec. 2023 was 0.09.


Fotex Holding SE Co Cost of Goods Sold Historical Data

The historical data trend for Fotex Holding SE 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.

* Premium members only.

Fotex Holding SE Co Cost of Goods Sold Chart

Fotex Holding SE Co Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.47 1.11 0.50 0.60 0.64

Fotex Holding SE Co Semi-Annual Data
Dec11 Jun12 Dec12 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 0.37 0.50 0.09 0.28 0.36

Fotex Holding SE 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 semi-annually data reported by the company within the most recent 12 months, which was €0.64 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.


Fotex Holding SE Co  (LUX:FTXHG) Cost of Goods Sold Explanation

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

Fotex Holding SE Co's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(20.323 - 0.362) / 20.323
=98.22 %

* 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:

Fotex Holding SE Co'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.


Fotex Holding SE Co Cost of Goods Sold Related Terms

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


Fotex Holding SE Co (LUX:FTXHG) Business Description

Traded in Other Exchanges
N/A
Address
28, avenue Pasteur, Luxembourg, LUX, L-2310
Fotex Holding SE Co Ltd is engaged in a variety of property management, manufacturing, retailing, and other activities. It operates in a single segment, real estate, and investment properties. It develops, invests, and manages real estate properties, and offers real estate investment consulting, and leasing. It has operations in the Netherlands, Luxembourg, and Hungary, and the majority of its revenue comes from Hungary. The revenue from the selling of goods is generated by selling crystal and glass products, and other consumer products.

Fotex Holding SE Co (LUX:FTXHG) Headlines

No Headlines