We Buy Cars Holding (JSE:WBC) Cost of Goods Sold : R0 Mil (TTM As of . 20)

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What is We Buy Cars Holding Cost of Goods Sold?

We Buy Cars Holding's cost of goods sold for the three months ended in . 20 was R0 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in . 20 was R0 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. We Buy Cars Holding's Gross Margin % for the three months ended in . 20 was %.

Cost of Goods Sold is also directly linked to Inventory Turnover.

We Buy Cars Holding Cost of Goods Sold Historical Data

The historical data trend for We Buy Cars Holding'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.

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We Buy Cars Holding Cost of Goods Sold Chart

We Buy Cars Holding Annual Data

Trend

Mar21

Sep23

Cost of Goods Sold

17,592.19

We Buy Cars Holding Quarterly Data
	Sep23
Cost of Goods Sold	-

We Buy Cars Holding 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 . 20 adds up the quarterly data reported by the company within the most recent 12 months, which was R0 Mil.

We Buy Cars Holding (JSE:WBC) Cost of Goods Sold Explanation

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

We Buy Cars Holding's Gross Margin % for the three months ended in . 20 is calculated as:

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

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:

We Buy Cars Holding's Inventory Turnover for the three months ended in . 20 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=		/	0
	=	N/A

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.

We Buy Cars Holding Cost of Goods Sold Related Terms

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