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Cargosol Logistics (BOM:543621) Cost of Goods Sold : ₹95 Mil (TTM As of Sep. 2024)


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What is Cargosol Logistics Cost of Goods Sold?

Cargosol Logistics's cost of goods sold for the six months ended in Sep. 2024 was ₹53 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was ₹95 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Cargosol Logistics's Gross Margin % for the six months ended in Sep. 2024 was 92.53%.

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


Cargosol Logistics Cost of Goods Sold Historical Data

The historical data trend for Cargosol Logistics'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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Cargosol Logistics Cost of Goods Sold Chart

Cargosol Logistics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Cost of Goods Sold
53.89 75.21 68.21 93.20 104.54

Cargosol Logistics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Cost of Goods Sold Get a 7-Day Free Trial 59.25 33.95 63.16 41.38 53.21

Cargosol Logistics 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹95 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.


Cargosol Logistics  (BOM:543621) Cost of Goods Sold Explanation

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

Cargosol Logistics's Gross Margin % for the six months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(711.974 - 53.207) / 711.974
=92.53 %

* 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:

Cargosol Logistics's Inventory Turnover for the six months ended in Sep. 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.


Cargosol Logistics Cost of Goods Sold Related Terms

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Cargosol Logistics Business Description

Traded in Other Exchanges
N/A
Address
Mahakali Caves Road, Unit No. 319, 320, 3rd Floor, Lodha Supremus, Near Hotel Bindra’s, Andheri East, Mumbai, MH, IND, 400093
Cargosol Logistics Ltd is a full-service freight forwarder catering to all domestic and International transportation requirements. It provide services like sea and air freight, transportation, warehousing, custom clearance services among other customized solutions.

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