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Ausnutria Dairy (HKSE:01717) Cost of Goods Sold : HK$4,967 Mil (TTM As of Jun. 2024)


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What is Ausnutria Dairy Cost of Goods Sold?

Ausnutria Dairy's cost of goods sold for the six months ended in Jun. 2024 was HK$2,243 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2024 was HK$4,967 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ausnutria Dairy's Gross Margin % for the six months ended in Jun. 2024 was 43.4%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Ausnutria Dairy's Inventory Turnover for the six months ended in Jun. 2024 was 1.03.


Ausnutria Dairy Cost of Goods Sold Historical Data

The historical data trend for Ausnutria Dairy'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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Ausnutria Dairy Cost of Goods Sold Chart

Ausnutria Dairy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,563.96 4,746.31 5,414.33 4,916.57 4,954.22

Ausnutria Dairy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,240.70 2,781.93 2,229.64 2,724.59 2,242.84

Ausnutria Dairy 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$4,967 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.


Ausnutria Dairy  (HKSE:01717) Cost of Goods Sold Explanation

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

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

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(3962.824 - 2242.842) / 3962.824
=43.4 %

* 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:

Ausnutria Dairy'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.


Ausnutria Dairy Cost of Goods Sold Related Terms

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Ausnutria Dairy Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, Unit 16, 36th Floor, China Merchants Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
Ausnutria Dairy Corp Ltd is active in the dairy industry. Its business activities include research and development, milk collection, processing, production, packaging, marketing, and sales of dairy products. It operates through Dairy and related products and Nutrition product segments. It generates maximum revenue from the Dairy and related products segment: which comprises the manufacturing and sale of dairy and related products, particularly formula milk powder products, to its customers; and the Nutrition products segment: which comprises the manufacturing and sale of nutrition products. Geographically, it derives a majority of its revenue from the PRC and also has a presence in the European Union; the Middle East; North and South America; Australia; New Zealand, and other countries.
Executives
Inner Mongolia Yili Industrial Group Co., Ltd.
Chen Miaoyuan 2202 Interest of your spouse
Ausnutria Holding Co Ltd 2101 Beneficial owner
Center Laboratories, Inc. 2101 Beneficial owner
Yan Weibin 2201 Interest of corporation controlled by you
Fan Deming Bv 2201 Interest of corporation controlled by you
Zhong Guo Guo You Qi Ye Jie Gou Tiao Zheng Ji Jin Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Citic Limited 2201 Interest of corporation controlled by you
Citic Group Corporation 2201 Interest of corporation controlled by you
Citic Agri Fund Management Co., Ltd. 2201 Interest of corporation controlled by you
Citagri Easter Limited 2101 Beneficial owner
Chengtong Citic Agriculture Fund Lp 2201 Interest of corporation controlled by you
Changsha Kunxin Xin'ao Investment Lp 2201 Interest of corporation controlled by you
Dutch Dairy Investments Hk Limited 2101 Beneficial owner
Dutch Dairy Investments B.v. 2201 Interest of corporation controlled by you

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