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Apollo Finvest (India) (BOM:512437) Cost of Goods Sold : ₹36.9 Mil (TTM As of Mar. 2024)


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What is Apollo Finvest (India) Cost of Goods Sold?

Apollo Finvest (India)'s cost of goods sold for the three months ended in Mar. 2024 was ₹36.9 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was ₹36.9 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Apollo Finvest (India)'s Gross Margin % for the three months ended in Mar. 2024 was 43.84%.

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


Apollo Finvest (India) Cost of Goods Sold Historical Data

The historical data trend for Apollo Finvest (India)'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.

Apollo Finvest (India) Cost of Goods Sold Chart

Apollo Finvest (India) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 159.89 85.89 511.28 278.30 36.92

Apollo Finvest (India) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 35.07 12.86 -11.24 -1.61 36.92

Apollo Finvest (India) 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹36.9 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.


Apollo Finvest (India)  (BOM:512437) Cost of Goods Sold Explanation

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

Apollo Finvest (India)'s Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(65.731 - 36.915) / 65.731
=43.84 %

* 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:

Apollo Finvest (India)'s Inventory Turnover for the three months ended in Mar. 2024 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.


Apollo Finvest (India) Cost of Goods Sold Related Terms

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Apollo Finvest (India) (BOM:512437) Business Description

Traded in Other Exchanges
N/A
Address
New Link Road, Unit No. 803, Morya Blue Moon, 8th Floor, Veera Desai Industrial Estate, Opposite Laxmi Industrial Estate, Andheri (West), Mumbai, MH, IND, 400053
Apollo Finvest (India) Ltd is a non-banking financial company. It is engaged in the investment of shares, debentures, immovable properties, equity mutual funds, and debt mutual funds. The company also provides loans towards working capital, unsecured and secured business loans, and bridge financing. It derives revenue from Interest income; Dividend income; Rental income; Fees and commission income and others.

Apollo Finvest (India) (BOM:512437) Headlines

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