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PT Sinar Mas Agro Resources & Technology Tbk (ISX:SMAR) Cost of Goods Sold : Rp66,927,516 Mil (TTM As of Sep. 2024)


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What is PT Sinar Mas Agro Resources & Technology Tbk Cost of Goods Sold?

PT Sinar Mas Agro Resources & Technology Tbk's cost of goods sold for the three months ended in Sep. 2024 was Rp18,481,588 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was Rp66,927,516 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. PT Sinar Mas Agro Resources & Technology Tbk's Gross Margin % for the three months ended in Sep. 2024 was 9.41%.

Cost of Goods Sold is also directly linked to Inventory Turnover. PT Sinar Mas Agro Resources & Technology Tbk's Inventory Turnover for the three months ended in Sep. 2024 was 1.97.


PT Sinar Mas Agro Resources & Technology Tbk Cost of Goods Sold Historical Data

The historical data trend for PT Sinar Mas Agro Resources & Technology Tbk'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.

PT Sinar Mas Agro Resources & Technology Tbk Cost of Goods Sold Chart

PT Sinar Mas Agro Resources & Technology Tbk 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 32,285,538.00 34,557,130.00 46,047,334.00 61,733,885.00 59,769,661.00

PT Sinar Mas Agro Resources & Technology Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 14,357,816.00 15,953,169.00 16,166,530.00 16,326,229.00 18,481,588.00

PT Sinar Mas Agro Resources & Technology Tbk 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp66,927,516 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.


PT Sinar Mas Agro Resources & Technology Tbk  (ISX:SMAR) Cost of Goods Sold Explanation

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

PT Sinar Mas Agro Resources & Technology Tbk's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(20400912 - 18481588) / 20400912
=9.41 %

* 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:

PT Sinar Mas Agro Resources & Technology Tbk's Inventory Turnover for the three months ended in Sep. 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.


PT Sinar Mas Agro Resources & Technology Tbk Cost of Goods Sold Related Terms

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PT Sinar Mas Agro Resources & Technology Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan MH Thamrin No. 51, Tower II, 28th-30th Floor, Sinar Mas Land Plaza, Jakarta, IDN, 10350
PT Sinar Mas Agro Resources & Technology Tbk is involved in the business of cultivating and harvesting oil palm trees, extracting fresh fruit bunches into crude palm oil and palm kernel, processing it into value-added products such as cooking oil, margarine, shortening, oleochemicals, and biodiesel. The firm's products include cooking oil, fat, margarine, crude palm oil, palm kernel, cocoa butter substitute, etc. Its scope of activities comprises plantation development, agriculture, trading, refining of plantation products, management services, and research related to the business. Its segments are Integrated food consumer products and trading activities Plantations, and Others.

PT Sinar Mas Agro Resources & Technology Tbk Headlines