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Raffles Interior (HKSE:01376) Cost of Goods Sold : HK$300.4 Mil (TTM As of Jun. 2024)


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What is Raffles Interior Cost of Goods Sold?

Raffles Interior's cost of goods sold for the six months ended in Jun. 2024 was HK$108.4 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2024 was HK$300.4 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Raffles Interior's Gross Margin % for the six months ended in Jun. 2024 was 22.74%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Raffles Interior's Inventory Turnover for the six months ended in Jun. 2024 was 203.91.


Raffles Interior Cost of Goods Sold Historical Data

The historical data trend for Raffles Interior'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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Raffles Interior Cost of Goods Sold Chart

Raffles Interior Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial 347.74 388.66 418.67 338.44 467.18

Raffles Interior Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 155.93 180.05 273.13 191.98 108.38

Raffles Interior 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$300.4 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.


Raffles Interior  (HKSE:01376) Cost of Goods Sold Explanation

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

Raffles Interior's Gross Margin % for the six months ended in Jun. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(140.276 - 108.376) / 140.276
=22.74 %

* 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:

Raffles Interior's Inventory Turnover for the six months ended in Jun. 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.


Raffles Interior Cost of Goods Sold Related Terms

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Raffles Interior Business Description

Traded in Other Exchanges
N/A
Address
59 Sungei Kadut Loop, Singapore, SGP, 729490
Raffles Interior Ltd is a Singapore-based investment holding company. The company is principally engaged in the provision of interior fitting-out services. The company's fitting-out services include project management and construction management of the interior fitting-out project, construction and installation of interior fitting-out works, customizing, manufacturing and supply of carpentry/joinery and integral fixtures, and maintenance of the projects that it undertakes on an ad-hoc basis. The company derives its revenue from projects involving fitting-out works for office space in Singapore.
Executives
Low Lek Huat 2201 Interest of corporation controlled by you
Zhong Ji Huan Qiu Qi Ye You Xian Gong Si 2101 Beneficial owner
Union Expert Investment Holding Limited 2101 Beneficial owner
Cao Chengpeng 2201 Interest of corporation controlled by you
Sng Siew Luan Emily 2202 Interest of your spouse
Pan Lulu 2202 Interest of your spouse
Ong Poh Eng 2202 Interest of your spouse
Ng Foo Wah 2201 Interest of corporation controlled by you
Neo Bee Ling Pauline 2202 Interest of your spouse
Chua Boon Par 2201 Interest of corporation controlled by you
Low Lek Hee 2201 Interest of corporation controlled by you
Loke Yoke Mei 2202 Interest of your spouse
Lo Lek Chew 2201 Interest of corporation controlled by you
Lim Bee Peng 2202 Interest of your spouse
Leong Wai Kit 2201 Interest of corporation controlled by you

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