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Northam Platinum (Northam Platinum) Cost of Goods Sold : $1,156 Mil (TTM As of Jun. 2021)


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What is Northam Platinum Cost of Goods Sold?

Northam Platinum's cost of goods sold for the six months ended in Jun. 2021 was $706 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2021 was $1,156 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Northam Platinum's Gross Margin % for the six months ended in Jun. 2021 was 52.63%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Northam Platinum's Inventory Turnover for the six months ended in Jun. 2021 was 2.06.


Northam Platinum Cost of Goods Sold Historical Data

The historical data trend for Northam Platinum'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.

Northam Platinum Cost of Goods Sold Chart

Northam Platinum Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 484.88 505.41 564.93 730.18 1,187.34

Northam Platinum Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 293.97 337.82 446.22 449.76 706.27

Northam Platinum 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 Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,156 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.


Northam Platinum  (OTCPK:NMPNF) Cost of Goods Sold Explanation

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

Northam Platinum's Gross Margin % for the six months ended in Jun. 2021 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1490.827 - 706.269) / 1490.827
=52.63 %

* 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:

Northam Platinum's Inventory Turnover for the six months ended in Jun. 2021 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.


Northam Platinum Cost of Goods Sold Related Terms

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Northam Platinum (Northam Platinum) Business Description

Traded in Other Exchanges
N/A
Address
Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Waterfall City, Jukskei View, Johannesburg, GT, ZAF, 2090
Northam Platinum Ltd is a producer of platinum group metals, which include platinum, palladium, and rhodium. Northam conducts operations across two main locations in South Africa, Zondereinde and Booysendal, where the mining, concentrating, smelting, and base metals recovery processes occur. The company then outsources its production for refining. The primary consumers of platinum, palladium, and rhodium are from the motor-manufacturing and jewellery industries. Northam sells metals in sponge or ingot form domestically and to overseas markets across Asia, Europe, and North America.

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