GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copper 360 Ltd (JSE:CPR) » Definitions » Cost of Goods Sold

Copper 360 (JSE:CPR) Cost of Goods Sold : R124.47 Mil (TTM As of Aug. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Copper 360 Cost of Goods Sold?

Copper 360's cost of goods sold for the six months ended in Aug. 2024 was R85.91 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Aug. 2024 was R124.47 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Copper 360's Gross Margin % for the six months ended in Aug. 2024 was -22.5%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Copper 360's Inventory Turnover for the six months ended in Aug. 2024 was 6.06.


Copper 360 Cost of Goods Sold Historical Data

The historical data trend for Copper 360'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.

Copper 360 Cost of Goods Sold Chart

Copper 360 Annual Data
Trend Feb22 Feb23 Feb24
Cost of Goods Sold
22.20 - 69.59

Copper 360 Semi-Annual Data
Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
Cost of Goods Sold Get a 7-Day Free Trial - - 31.03 38.56 85.91

Copper 360 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was R124.47 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.


Copper 360  (JSE:CPR) Cost of Goods Sold Explanation

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

Copper 360's Gross Margin % for the six months ended in Aug. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(70.134 - 85.913) / 70.134
=-22.5 %

* 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:

Copper 360's Inventory Turnover for the six months ended in Aug. 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.


Copper 360 Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Copper 360's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


Copper 360 Business Description

Traded in Other Exchanges
N/A
Address
1 Main Road, Nababeep, Nababeep, NC, ZAF, 8265
Copper 360 Ltd is focused on processing historically mined copper rock dumps through a process of environmental clean-up, and mining surface and shallow copper resources. The group's operations are based in the Northern Cape province of South Africa.

Copper 360 Headlines

No Headlines