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Team (LSE:TEAM) Cost of Goods Sold : £2.19 Mil (TTM As of Mar. 2024)


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What is Team Cost of Goods Sold?

Team's cost of goods sold for the six months ended in Mar. 2024 was £1.49 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was £2.19 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Team's Gross Margin % for the six months ended in Mar. 2024 was 63.71%.

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


Team Cost of Goods Sold Historical Data

The historical data trend for Team'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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Team Cost of Goods Sold Chart

Team Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Cost of Goods Sold
- 0.27 0.41 0.92

Team Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Cost of Goods Sold Get a 7-Day Free Trial 0.23 0.18 0.23 0.70 1.49

Team 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 Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £2.19 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.


Team  (LSE:TEAM) Cost of Goods Sold Explanation

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

Team's Gross Margin % for the six months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(4.106 - 1.49) / 4.106
=63.71 %

* 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:

Team's Inventory Turnover for the six months ended in Mar. 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.


Team Cost of Goods Sold Related Terms

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Team Business Description

Traded in Other Exchanges
N/A
Address
6 Caledonia Place, 1st Floor, Saint Helier, JEY, JE2 3NG
Team PLC is a wealth, asset management, and complementary financial services group. It has three principal activities, Investment Management, Advisory, and International. Investment Management provides discretionary investment management services, model portfolios, bespoke portfolios, and fund management services via fixed-income and equity fund vehicles. Advisory services are predominantly for individuals resident in Jersey, investment consultancy services to wealthy individuals and trusts and treasury advisory services for institutions, professional advisers, trustees, and high net-worth individuals. International is its financial advisory, fund distribution division, and insurance brokering services covering Africa, the Middle East, and Asia.