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Indian Hotels Co (Indian Hotels Co) Cost of Goods Sold : $214.39 Mil (TTM As of Mar. 2024)


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What is Indian Hotels Co Cost of Goods Sold?

Indian Hotels Co's cost of goods sold for the three months ended in Mar. 2024 was $73.14 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $214.39 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Indian Hotels Co's Gross Margin % for the three months ended in Mar. 2024 was 68.13%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Indian Hotels Co's Inventory Turnover for the three months ended in Mar. 2024 was 10.43.


Indian Hotels Co Cost of Goods Sold Historical Data

The historical data trend for Indian Hotels Co'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.

Indian Hotels Co Cost of Goods Sold Chart

Indian Hotels Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 233.17 154.68 203.65 249.82 280.17

Indian Hotels Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 68.50 66.53 66.56 74.69 73.14

Indian Hotels Co 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 quarterly data reported by the company within the most recent 12 months, which was $214.39 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.


Indian Hotels Co  (GREY:IDHUY) Cost of Goods Sold Explanation

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

Indian Hotels Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(229.5 - 73.138) / 229.5
=68.13 %

* 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:

Indian Hotels Co's Inventory Turnover for the three 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.


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Indian Hotels Co (Indian Hotels Co) Business Description

Traded in Other Exchanges
Address
Barrister Rajni Patel Marg, 9th Floor, Express Towers, Nariman Point, Mumbai, MH, IND, 400 021
Indian Hotels Co Ltd is an owner and operator of hotels and resorts, domiciled in India. The company operates its hotels and resorts under the Taj Hotels Resorts and Palaces brand. Indian Hotels reports revenue across six business lines: room income; food, restaurants, and banquet income; shop rentals; membership fees; management and operating fees; and others. Room income is the most contributor to company revenue, followed by food, restaurants, and banquet income. Together, these two segments represent the vast majority of company revenue. Indian Hotels derives the majority of its revenue domestically.

Indian Hotels Co (Indian Hotels Co) Headlines

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