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SINA (SINA) Cost of Goods Sold : $533 Mil (TTM As of Jun. 2020)


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What is SINA Cost of Goods Sold?

SINA's cost of goods sold for the three months ended in Jun. 2020 was $133 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2020 was $533 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. SINA's Gross Margin % for the three months ended in Jun. 2020 was 73.83%.

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


SINA Cost of Goods Sold Historical Data

The historical data trend for SINA'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.

SINA Cost of Goods Sold Chart

SINA 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 335.38 354.70 414.14 452.04 493.43

SINA Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 124.31 117.35 136.24 146.39 132.87

SINA 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. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $533 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.


SINA  (NAS:SINA) Cost of Goods Sold Explanation

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

SINA's Gross Margin % for the three months ended in Jun. 2020 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(507.744 - 132.873) / 507.744
=73.83 %

* 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:

SINA's Inventory Turnover for the three months ended in Jun. 2020 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.


SINA Cost of Goods Sold Related Terms

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SINA (SINA) Business Description

Traded in Other Exchanges
N/A
Address
Courtyard 10, the West Xibeiwang East Road, No. 8 SINA Plaza, Haidian District, Beijing, CHN, 100193
Sina is a leading online media company in China, established in 1998. In 2009, Sina launched the first Twitter-like social media platform in China, Weibo, which has reached 361 million monthly active users and 159 million daily active users. Sina holds 46% of shares and has 72% voting power in Weibo, and Alibaba holds 31.4% of shares and 14.8% voting power. About 85% of net revenue is from online advertising, with 29.5% from portal advertising and 55.4% from Weibo advertising.
Executives
Hurst Lin director
Yan Wang director
Benjamin S Tsiang officer: Executive Vice President
Pehong Chen director 460 SEAPORT COURT, SUITE 102, REDWOOD CITY CA 94063
Yongji Duan director NO 2 HAIDIAN ROAD C/O PATRICK NG ZHONGGUANCUN F4 00000
Ter Fung Tsao director 2988 CAMPUS DRIVE STE 100 SAN MATEO CA 94403
Yi Chen Zhang director 28/F CITIC TOWER 1 TIM MEI AVENUE HONG KONG K3 00000
Xiaotao Chen director C/O STONE ELECTRONIC TECHNOLOGY 27/F, K. WAH CENTRE, 191 JAVA ROAD NORTH POINT K3
Song-yi Zhang director C/O: 10/F, FUNG HOUSE, 19-20 CONNAUGHT ROAD CENTRAL, HONG KONG K3 -
Lip Bu Tan director ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Charles Guowei Chao director, officer: CEO & President
Herman Yu officer: Acting Chief Financial Officer C/O SINA, 20F, IDEAL PLAZA NO. 58, NORTH 4TH RING ROAD WEST HAIDIAN DISTRICT, BE F4 100080
Daniel Chiang director
Shanda Interactive Entertainment Ltd 10 percent owner NO. 208 JULI ROAD PUDONG NEW AREA SHANGHAI F4 201203
Skyline Media Ltd 10 percent owner PALM GROVE HOUSE P.O. BOX 438 ROAD TOWN, TORTOLA D8 00000