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Yoho Group Holdings (HKSE:02347) Cost of Goods Sold : HK$719.3 Mil (TTM As of Mar. 2024)


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What is Yoho Group Holdings Cost of Goods Sold?

Yoho Group Holdings's cost of goods sold for the six months ended in Mar. 2024 was HK$382.0 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was HK$719.3 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Yoho Group Holdings's Gross Margin % for the six months ended in Mar. 2024 was 14.14%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Yoho Group Holdings's Inventory Turnover for the six months ended in Mar. 2024 was 4.94.


Yoho Group Holdings Cost of Goods Sold Historical Data

The historical data trend for Yoho Group Holdings'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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Yoho Group Holdings Cost of Goods Sold Chart

Yoho Group Holdings Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cost of Goods Sold
Get a 7-Day Free Trial 206.70 431.97 667.31 723.88 719.32

Yoho Group Holdings Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only 372.54 380.36 343.52 337.34 381.97

Yoho Group Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was HK$719.3 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.


Yoho Group Holdings  (HKSE:02347) Cost of Goods Sold Explanation

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

Yoho Group Holdings's Gross Margin % for the six months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(444.87 - 381.974) / 444.87
=14.14 %

* 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:

Yoho Group Holdings's Inventory Turnover for the six 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.


Yoho Group Holdings Cost of Goods Sold Related Terms

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Yoho Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
52 Hung To Road, 9A, Bamboos Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Yoho Group Holdings Ltd is involved in the provision of both online and offline e-commerce retail services and offline wholesale and trading of consumer electronics and home appliances. Geographically the company earns the majority of its revenue from Hong Kong and also has a presence in the People's Republic of China.
Executives
Tsui Ka Wing 2101 Beneficial owner
Wu Faat Chi 2101 Beneficial owner
The Mearas Venture Limited 2101 Beneficial owner
The Wings Venture Limited 2101 Beneficial owner
Beyond I Capital Ltd 2201 Interest of corporation controlled by you
Beyond Ventures I Fund L.p. 2201 Interest of corporation controlled by you
Biz Cloud Investments Limited 2101 Beneficial owner

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