GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Estia Health Ltd (ASX:EHE) » Definitions » Cost of Goods Sold

Estia Health (ASX:EHE) Cost of Goods Sold : A$0.0 Mil (TTM As of Jun. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Estia Health Cost of Goods Sold?

Estia Health's cost of goods sold for the six months ended in Jun. 2023 was A$0.0 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2023 was A$0.0 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Estia Health's Gross Margin % for the six months ended in Jun. 2023 was 100%.

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


Estia Health Cost of Goods Sold Historical Data

The historical data trend for Estia Health'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.

Estia Health Cost of Goods Sold Chart

Estia Health Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only - - - - -

Estia Health Semi-Annual Data
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 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 - - - - -

Estia Health 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 A$0.0 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.


Estia Health  (ASX:EHE) Cost of Goods Sold Explanation

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

Estia Health's Gross Margin % for the six months ended in Jun. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(395.113 - 0) / 395.113
=100 %

* 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:

Estia Health's Inventory Turnover for the six months ended in Jun. 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.


Estia Health Cost of Goods Sold Related Terms

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


Estia Health (ASX:EHE) Business Description

Traded in Other Exchanges
N/A
Address
227 Elizabeth Street, Level 9, Sydney, NSW, AUS, 2000
Estia Health Ltd operates residential aged care facilities in Australia. The company conducts its business through regional networks of facilities located in Victoria, South Australia, New South Wales, and Queensland. Estia's facilities provide clinical care services, daily living services, and accommodations to its residents. Its clinical care services include 24-hour nursing care, personal care, wound management, administering pharmaceuticals, physiotherapy and occupational therapy, and arranging visits from external medical practitioners. Funding from the Australian government contributes the majority of Estia's revenue.

Estia Health (ASX:EHE) Headlines

No Headlines