UMT United Mobility Technology AG (XTER:UMDK) Cost of Goods Sold

: €0.00 Mil (TTM As of Jun. 2023)

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UMT United Mobility Technology AG's cost of goods sold for the six months ended in Jun. 2023 was €0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2023 was €0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. UMT United Mobility Technology AG's Gross Margin % for the six months ended in Jun. 2023 was 100%.

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

UMT United Mobility Technology AG Cost of Goods Sold Historical Data

The historical data trend for UMT United Mobility Technology AG'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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UMT United Mobility Technology AG Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cost of Goods Sold

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2.29

3.44

15.31

0.01

UMT United Mobility Technology AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cost of Goods Sold	Get a 7-Day Free Trial															6.42	-6.42	0.01	-	-

UMT United Mobility Technology AG 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 Mil.

UMT United Mobility Technology AG (XTER:UMDK) Cost of Goods Sold Explanation

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

UMT United Mobility Technology AG's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(0.02	-	0)	/	0.02
	=	100 %

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:

UMT United Mobility Technology AG's Inventory Turnover for the six months ended in Jun. 2023 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=	N/A

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.

UMT United Mobility Technology AG Cost of Goods Sold Related Terms

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UMT United Mobility Technology AG (XTER:UMDK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » UMT United Mobility Technology AG (XTER:UMDK) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

UMDK:Germany UMDK:Germany UMDK:Germany

Address

Brienner Strasse 7, Munich, BY, DEU, 80333

Website

https://www.umt.ag

UMT United Mobility Technology AG offers service and solutions for mobile and electronic payment systems and in the field of data analytics. It focuses on industries and companies that are future-oriented and crisis-resistant, as well as have a low degree of digitization in the B2B and B2C sectors. It serves Hotel, infrastructure, automotive, passenger transport, mobile phone service providers and other industries. The company offers solutions especially for large-scale customers such as PAYBACK app. Geographically all the activities are functioned through the region of Germany.

Executives

Dr. Jürgen Schulz	Board of Directors
Thomas Teufel	Board of Directors
Dr. Albert Wahl	Board of Directors

UMT United Mobility Technology AG (XTER:UMDK) Headlines

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