GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » World Super Holdings Ltd (HKSE:08612) » Definitions » Cost of Goods Sold

World Super Holdings (HKSE:08612) Cost of Goods Sold : HK$19.49 Mil (TTM As of Dec. 2023)


View and export this data going back to 2019. Start your Free Trial

What is World Super Holdings Cost of Goods Sold?

World Super Holdings's cost of goods sold for the three months ended in Dec. 2023 was HK$6.39 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was HK$19.49 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. World Super Holdings's Gross Margin % for the three months ended in Dec. 2023 was 2.93%.

Cost of Goods Sold is also directly linked to Inventory Turnover. World Super Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 50.48.


World Super Holdings Cost of Goods Sold Historical Data

The historical data trend for World Super 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.

* Premium members only.

World Super Holdings Cost of Goods Sold Chart

World Super Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial 21.19 48.72 12.86 11.26 19.49

World Super Holdings 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 2.81 4.68 3.24 5.18 6.39

World Super 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$19.49 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.


World Super Holdings  (HKSE:08612) Cost of Goods Sold Explanation

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

World Super Holdings's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(6.579 - 6.386) / 6.579
=2.93 %

* 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:

World Super Holdings'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.


World Super Holdings Cost of Goods Sold Related Terms

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


World Super Holdings (HKSE:08612) Business Description

Traded in Other Exchanges
N/A
Address
183 Electric Road, Unit 3403, 34th Floor, AIA Tower, North Point, Hong Kong, HKG
World Super Holdings Ltd is an investment holding company mainly engaged in plant hire services. The Company operates its business through different segments. The Plant Hire segment mainly engages in the provision of rental services of crawler cranes, oscillators, reverse circulation drills (RCDs), and hydro mill trench cutters for construction projects. The Trading of Machinery, Tool, and Part segment mainly engages in the trading of new or used crawler cranes, RCDs, trench cutters, oscillators, and related spare parts. The Transportation and Other Service segment mainly engages in the provision of transportation services in delivering the machinery to and from customers' designated sites and other services.
Executives
Chiu Man Chi Vivi 2101 Beneficial owner
Li Haidong 2101 Beneficial owner
Chu Wing Yee 2201 Interest of corporation controlled by you
Bao Han Holdings Limited 2101 Beneficial owner
Sou Peng Kan Albert 2201 Interest of corporation controlled by you
Wen Qingrui 2101 Beneficial owner

World Super Holdings (HKSE:08612) Headlines

No Headlines