GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoora Designs Ltd (BOM:543970) » Definitions » Cost of Goods Sold

Shoora Designs (BOM:543970) Cost of Goods Sold : ₹58.75 Mil (TTM As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Shoora Designs Cost of Goods Sold?

Shoora Designs's cost of goods sold for the six months ended in Sep. 2024 was ₹23.36 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was ₹58.75 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Shoora Designs's Gross Margin % for the six months ended in Sep. 2024 was -0.29%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Shoora Designs's Inventory Turnover for the six months ended in Sep. 2024 was 1.06.


Shoora Designs Cost of Goods Sold Historical Data

The historical data trend for Shoora Designs'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.

Shoora Designs Cost of Goods Sold Chart

Shoora Designs Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Cost of Goods Sold
- 1.02 18.54 41.50

Shoora Designs Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Cost of Goods Sold Get a 7-Day Free Trial - - 6.11 35.39 23.36

Shoora Designs 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 ₹58.75 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.


Shoora Designs  (BOM:543970) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(23.29 - 23.357) / 23.29
=-0.29 %

* 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:

Shoora Designs'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.


Shoora Designs Cost of Goods Sold Related Terms

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


Shoora Designs Business Description

Traded in Other Exchanges
N/A
Address
Haththupura char rasta, LT House No.7/3388/A, 6th floor, C/1, 601, Diamond Apartments Co-op Housing Society, Surat, GJ, IND, 395003
Shoora Designs Ltd is engaged in the business of procuring rough diamonds through suppliers, internally planning and mapping rough diamonds, and out-souring the process of cleaving, laser cutting, and polishing from local job-workers in the domestic market of Surat, and is selling the said polished cut-diamonds to the wholesalers or retailers with business concentration pre-dominantly in Surat, Gujarat, and the newly-explored market of Mumbai, Maharashtra.

Shoora Designs Headlines

No Headlines