Maison Solutions (Maison Solutions) Cost of Goods Sold : $42.83 Mil (TTM As of Jan. 2024)

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What is Maison Solutions Cost of Goods Sold?

Maison Solutions's cost of goods sold for the three months ended in Jan. 2024 was $10.41 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jan. 2024 was $42.83 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Maison Solutions's Gross Margin % for the three months ended in Jan. 2024 was 23.44%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Maison Solutions's Inventory Turnover for the three months ended in Jan. 2024 was 3.56.

Maison Solutions Cost of Goods Sold Historical Data

The historical data trend for Maison Solutions'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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Maison Solutions Cost of Goods Sold Chart

Maison Solutions Annual Data

Trend

Apr21

Apr22

Apr23

Cost of Goods Sold

32.88

33.70

42.95

Maison Solutions Quarterly Data
	Apr21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cost of Goods Sold	Get a 7-Day Free Trial						11.63	11.13	10.65	10.64	10.41

Maison Solutions 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $42.83 Mil.

Maison Solutions (NAS:MSS) Cost of Goods Sold Explanation

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

Maison Solutions's Gross Margin % for the three months ended in Jan. 2024 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(13.598	-	10.41)	/	13.598
	=	23.44 %

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:

Maison Solutions's Inventory Turnover for the three months ended in Jan. 2024 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	10.41	/	2.9235
	=	3.56

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.

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Maison Solutions (Maison Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Maison Solutions Inc (NAS:MSS) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

127 N Garfield Avenue, Monterey Park, CA, USA, 91754

Website

https://www.maisonsolutionsinc.com

Maison Solutions Inc is a fast-growing, specialty grocery retailer offering traditional Asian food and merchandise to modern U.S. consumers, in particular to the members of Asian-American communities. It is committed to providing Asian fresh produce, meat, seafood, and other daily necessities in a manner that caters to traditional Asian-American family values and cultural norms, while also accounting for the new and faster-paced lifestyle of younger generations and the diverse communities in which it operates. The company's merchandise includes fresh and unique produce, meats, seafood and other groceries that are not found in mainstream supermarkets, including a variety of Asian vegetables and fruits such as broccoli, bitter melon, winter gourd, Shanghai baby bok choy, longan and lychee.

Executives

Bin Wang	director	112 RICO DR. NORTH, MORGANVILLE NJ 07751
Tao Han	officer: Chief Operating Officer	127 N GARFIELD AVE, MONTEREY PARK CA 91754
John Xu	director, 10 percent owner, officer: President and CEO	127 N GARFIELD AVE, MONTEREY PARK CA 91754
Alexandria M. Lopez	director, officer: Chief Financial Officer	127 N GARFIELD AVE, MONTEREY PARK CA 91754
Xiaoxia Zhang	director	127 N GARFIELD AVE, MONTEREY PARK CA 91754
Mark W. Willis	director	127 N GARFIELD AVE, MONTEREY PARK CA 91754