Sichuan Yahua Industrial Group Co (SZSE:002497) Cost of Goods Sold

: ¥6,419 Mil (TTM As of Sep. 2022)

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Sichuan Yahua Industrial Group Co's cost of goods sold for the three months ended in Sep. 2022 was ¥2,343 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2022 was ¥6,419 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sichuan Yahua Industrial Group Co's Gross Margin % for the three months ended in Sep. 2022 was 43.03%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Sichuan Yahua Industrial Group Co's Inventory Turnover for the three months ended in Sep. 2022 was 0.88.

Sichuan Yahua Industrial Group Co Cost of Goods Sold Historical Data

The historical data trend for Sichuan Yahua Industrial Group 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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Sichuan Yahua Industrial Group Co Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cost of Goods Sold

1,494.53

2,085.86

2,321.28

2,246.87

3,397.77

Sichuan Yahua Industrial Group Co Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cost of Goods Sold																752.07	1,214.61	1,220.30	1,641.57	2,342.91

Sichuan Yahua Industrial Group 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 Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥6,419 Mil.

Sichuan Yahua Industrial Group Co (SZSE:002497) Cost of Goods Sold Explanation

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

Sichuan Yahua Industrial Group Co's Gross Margin % for the three months ended in Sep. 2022 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(4112.216	-	2342.909)	/	4112.216
	=	43.03 %

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:

Sichuan Yahua Industrial Group Co's Inventory Turnover for the three months ended in Sep. 2022 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2342.909	/	2657.5185
	=	0.88

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.

Sichuan Yahua Industrial Group Co Cost of Goods Sold Related Terms

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Sichuan Yahua Industrial Group Co (SZSE:002497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sichuan Yahua Industrial Group Co Ltd (SZSE:002497) » Definitions » Cost of Goods Sold

Traded in Other Exchanges

N/A

Address

No.20, Longxi Road, Ya’an City, CHN

Website

http://www.scyahua.com

Sichuan Yahua Industrial Group Co Ltd provides scientific research, production, distribution, and services on explosives in China. The company's products include industrial explosives, industrial detonators and funicular initiating explosive devices. It produces a wide range of civil explosive products including industrial explosive, industrial detonator, and industrial detonating fuse.

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