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Southern Sun (JSE:SSU) Cost of Goods Sold : R3,579 Mil (TTM As of Sep. 2024)


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What is Southern Sun Cost of Goods Sold?

Southern Sun's cost of goods sold for the six months ended in Sep. 2024 was R850 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was R3,579 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Southern Sun's Gross Margin % for the six months ended in Sep. 2024 was 71.34%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Southern Sun's Inventory Turnover for the six months ended in Sep. 2024 was 10.69.


Southern Sun Cost of Goods Sold Historical Data

The historical data trend for Southern Sun'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.

Southern Sun Cost of Goods Sold Chart

Southern Sun Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cost of Goods Sold
Get a 7-Day Free Trial 2,701.00 1,091.00 1,908.00 3,100.00 3,577.00

Southern Sun Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 63.00 2,414.00 848.00 2,729.00 850.00

Southern Sun 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 semi-annually data reported by the company within the most recent 12 months, which was R3,579 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.


Southern Sun  (JSE:SSU) Cost of Goods Sold Explanation

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

Southern Sun's Gross Margin % for the six months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(2966 - 850) / 2966
=71.34 %

* 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:

Southern Sun's Inventory Turnover for the six 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.


Southern Sun Cost of Goods Sold Related Terms

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Southern Sun Business Description

Traded in Other Exchanges
N/A
Address
Nelson Mandela Square, Maude Streets, 4th Floor, South Tower, Cnr 5th, Sandton, GT, ZAF, 2196
Southern Sun Ltd is a South Africa-based company engaged in the hospitality industry. The company's segment includes Manco; Investment properties; Sandton Consortium; SA Portfolio and Offshore. It generates maximum revenue from the SA Portfolio segment. The SA Portfolio consists of the South African hotel operations which are owned within the group and are managed and reported on based on the geographical area in which the hotel is located.

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