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Asia Carbon Industries (Asia Carbon Industries) Cost of Goods Sold : $24.16 Mil (TTM As of Jun. 2013)


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What is Asia Carbon Industries Cost of Goods Sold?

Asia Carbon Industries's cost of goods sold for the three months ended in Jun. 2013 was $4.19 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2013 was $24.16 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Asia Carbon Industries's Gross Margin % for the three months ended in Jun. 2013 was 23.69%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Asia Carbon Industries's Inventory Turnover for the three months ended in Jun. 2013 was 2.47.


Asia Carbon Industries Cost of Goods Sold Historical Data

The historical data trend for Asia Carbon 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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Asia Carbon Industries Cost of Goods Sold Chart

Asia Carbon Industries Annual Data
Trend Dec09 Dec10 Dec11 Dec12
Cost of Goods Sold
16.22 23.99 37.82 35.31

Asia Carbon Industries Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 10.26 10.00 5.39 4.58 4.19

Asia Carbon 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 Jun. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.16 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.


Asia Carbon Industries  (OTCPK:ACRB) Cost of Goods Sold Explanation

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

Asia Carbon Industries's Gross Margin % for the three months ended in Jun. 2013 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(5.487 - 4.187) / 5.487
=23.69 %

* 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:

Asia Carbon Industries's Inventory Turnover for the three months ended in Jun. 2013 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.


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Asia Carbon Industries (Asia Carbon Industries) Business Description

Traded in Other Exchanges
N/A
Address
Xi Gu Nan Street, Qing Xu County Taiyuan, Shanxi Province, Taiyuan City, CHN, 030407
Asia Carbon Industries Inc is a United States based company, through its subsidiary, manufactures carbon black products under the Great Double Star brand and other by-products. The company manufactures one soft and two hard carbon black products, called N660, N330, and N220, respectively.

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