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Barka Desalination Co (MUS:BRDE) Cost of Goods Sold : ر.ع14.10 Mil (TTM As of Dec. 2023)


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What is Barka Desalination Co Cost of Goods Sold?

Barka Desalination Co's cost of goods sold for the six months ended in Dec. 2023 was ر.ع14.10 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was ر.ع14.10 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Barka Desalination Co's Gross Margin % for the six months ended in Dec. 2023 was 27.57%.

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


Barka Desalination Co Cost of Goods Sold Historical Data

The historical data trend for Barka Desalination Co'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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Barka Desalination Co Cost of Goods Sold Chart

Barka Desalination Co Annual Data
Trend Dec21 Dec22 Dec23
Cost of Goods Sold
12.67 13.32 14.10

Barka Desalination Co Semi-Annual Data
Dec21 Dec22 Dec23
Cost of Goods Sold 12.67 13.32 14.10

Barka Desalination Co 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Cost of Goods Sold for the trailing twelve months (TTM) ended in Dec. 2023 was ر.ع14.10 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.


Barka Desalination Co  (MUS:BRDE) Cost of Goods Sold Explanation

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

Barka Desalination Co's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(19.467 - 14.099) / 19.467
=27.57 %

* 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:

Barka Desalination Co's Inventory Turnover for the six months ended in Dec. 2023 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.


Barka Desalination Co Cost of Goods Sold Related Terms

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Barka Desalination Co (MUS:BRDE) Business Description

Traded in Other Exchanges
N/A
Address
Al Wilaj Street, Way No 1013 Al Qurm, PO Box 252, Building No 1022, Office No 16, 1st Floor, Bousher, Muscat, OMN, 103
Barka Desalination Co is engaged in operation of seawater desalination plant in Oman. The objectives of the Company are to acquire, develop, finance, design, construct, operate, maintain a desalination facility at Barka Independent Water Project, a sea water reverse osmosis (SWRO) plant located in Barka, South Batinah Governorate, Sultanate of Oman.

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