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Maistro (LSE:MAIS) Cost of Goods Sold : £1.37 Mil (TTM As of Dec. 2018)


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What is Maistro Cost of Goods Sold?

Maistro's cost of goods sold for the six months ended in Dec. 2018 was £0.85 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2018 was £1.37 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Maistro's Gross Margin % for the six months ended in Dec. 2018 was 6.18%.

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


Maistro Cost of Goods Sold Historical Data

The historical data trend for Maistro'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.

Maistro Cost of Goods Sold Chart

Maistro Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 1.63 0.74 0.49 1.37

Maistro Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 0.26 0.16 0.33 0.52 0.85

Maistro 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 Dec. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was £1.37 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.


Maistro  (LSE:MAIS) Cost of Goods Sold Explanation

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

Maistro's Gross Margin % for the six months ended in Dec. 2018 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.906 - 0.85) / 0.906
=6.18 %

* 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:

Maistro's Inventory Turnover for the six months ended in Dec. 2018 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.


Maistro Cost of Goods Sold Related Terms

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Maistro (LSE:MAIS) Business Description

Traded in Other Exchanges
N/A
Address
3 Babbage Way, 1A, Grow On Building, Science Park, Clyst Honiton, Exeter, Devon, GBR, EX5 2FN
Maistro PLC operates an enterprise services platform that helps organizations eliminated the waste and inefficiency inherent in traditional purchasing of business services. It provides cloud-based software and managed services to create an end to end solution that includes sourcing, supplier short listing, contract and project management through to payment processing and reporting. The firm has the provision of services segment. It derives revenue from Buyer plans, Buyer premium services, Buyer market intelligence tools, Service provider subscriptions and Project revenue. The company operates mainly in UK and US.

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