GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Thai Wah Starch PLC (BKK:TWS) » Definitions » Cost of Goods Sold

Thai Wah Starch (BKK:TWS) Cost of Goods Sold : ฿4,403 Mil (TTM As of Jun. 2015)


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

What is Thai Wah Starch Cost of Goods Sold?

Thai Wah Starch's cost of goods sold for the three months ended in Jun. 2015 was ฿1,761 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2015 was ฿4,403 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Thai Wah Starch's Gross Margin % for the three months ended in Jun. 2015 was 17.75%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Thai Wah Starch's Inventory Turnover for the three months ended in Jun. 2015 was 3.91.


Thai Wah Starch Cost of Goods Sold Historical Data

The historical data trend for Thai Wah Starch'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.

Thai Wah Starch Cost of Goods Sold Chart

Thai Wah Starch Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,583.37 2,689.72 2,916.02 2,783.86 3,396.42

Thai Wah Starch Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 1,632.70 873.09 890.64 878.37 1,760.78

Thai Wah Starch 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. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿4,403 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.


Thai Wah Starch  (BKK:TWS) Cost of Goods Sold Explanation

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

Thai Wah Starch's Gross Margin % for the three months ended in Jun. 2015 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(2140.857 - 1760.781) / 2140.857
=17.75 %

* 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:

Thai Wah Starch's Inventory Turnover for the three months ended in Jun. 2015 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.


Thai Wah Starch Cost of Goods Sold Related Terms

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


Thai Wah Starch (BKK:TWS) Business Description

Traded in Other Exchanges
N/A
Address
Thai Wah Starch PLC was incorporated and domiciled in Thailand on 26 February 2014. It is engaged in the manufacture and distribution of agricultural products such as tapioca starch and related products in Thailand and Vietnam. Its products include tapioca starch, alpha starch, rice and glutinous flour, glucose, candy, tapioca pearl, tapioca chips and pellets, and sorbitol, which are used for consumption and for the paper industry, weaving industry and food industry.

Thai Wah Starch (BKK:TWS) Headlines

No Headlines