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NOIZ Group (HKSE:08163) Cost of Goods Sold : HK$0.00 Mil (TTM As of Dec. 2023)


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What is NOIZ Group Cost of Goods Sold?

NOIZ Group's cost of goods sold for the three months ended in Dec. 2023 was HK$0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. NOIZ Group's Gross Margin % for the three months ended in Dec. 2023 was 100%.

Cost of Goods Sold is also directly linked to Inventory Turnover. NOIZ Group's Inventory Turnover for the three months ended in Dec. 2023 was 0.00.


NOIZ Group Cost of Goods Sold Historical Data

The historical data trend for NOIZ Group'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.

NOIZ Group Cost of Goods Sold Chart

NOIZ Group 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 465.77 9.50 -0.40 - -

NOIZ Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

NOIZ Group 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$0.00 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.


NOIZ Group  (HKSE:08163) Cost of Goods Sold Explanation

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

NOIZ Group's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(11.633 - 0) / 11.633
=100 %

* 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:

NOIZ Group's Inventory Turnover for the three months ended in Dec. 2023 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.


NOIZ Group Cost of Goods Sold Related Terms

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NOIZ Group (HKSE:08163) Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, Room 1108, 11th Floor, Wing On Centre, Central, Hong Kong, HKG
NOIZ Group Ltd is engaged in the technology, entertainment, and financial services business. In the technology business, Group is driving blockchain to mass adoption and commercialization making blockchain technology widely available for all businesses via its Blockchain-as-a-Service (BaaS) platform solutions. It provides tailor-made services and advice to businesses allowing them to use cloud-based solutions to manage and develop their applications. It aims to digitalize the entertainment segment by creating diversified and innovative ways for audiences to experience the power of virtual entertainment and enjoy immersive experiences through blockchain technology expertise and experience. The financial service business is operated through its wholly-owned subsidiary.
Executives
Team Sunny International Holdings Limited 2101 Beneficial owner
Wong Hin Shek 2201 Interest of corporation controlled by you

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