Proventus Agrocom (NSE:PROV) Cost of Goods Sold : ₹5,346 Mil (TTM As of Sep. 2024)

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What is Proventus Agrocom Cost of Goods Sold?

Proventus Agrocom's cost of goods sold for the six months ended in Sep. 2024 was ₹2,638 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was ₹5,346 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Proventus Agrocom's Gross Margin % for the six months ended in Sep. 2024 was 10.09%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Proventus Agrocom's Inventory Turnover for the six months ended in Sep. 2024 was 7.11.

Proventus Agrocom Cost of Goods Sold Historical Data

The historical data trend for Proventus Agrocom'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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Proventus Agrocom Cost of Goods Sold Chart

Proventus Agrocom Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cost of Goods Sold

8,880.46

2,853.96

3,853.55

3,885.74

4,549.68

Proventus Agrocom Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Cost of Goods Sold	Get a 7-Day Free Trial			-	-	1,841.99	2,707.69	2,638.20

Proventus Agrocom 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹5,346 Mil.

Proventus Agrocom (NSE:PROV) Cost of Goods Sold Explanation

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

Proventus Agrocom's Gross Margin % for the six months ended in Sep. 2024 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(2934.206	-	2638.195)	/	2934.206
	=	10.09 %

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:

Proventus Agrocom's Inventory Turnover for the six months ended in Sep. 2024 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2638.195	/	370.972
	=	7.11

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.

Proventus Agrocom Cost of Goods Sold Related Terms

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Proventus Agrocom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Proventus Agrocom Ltd (NSE:PROV) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

MV Road, Andheri Kurla Road, Unit 515, 5th Floor, C Wing, 215 Atrium, Near Acme Plaza, Andheri East, Mumbai, MH, IND, 400 069

Website

https://www.proventusagro.com

Proventus Agrocom Ltd is an integrated health food brand with a presence in the entire range of dry fruits, nuts, seeds, berries, and healthy snacking products across the value chain. The company's approach in the space focuses on diversifying across the baskets and intensifying its presence across the value chain, in the end, being a one-stop shop for consumers. Its products include cashews, almonds, walnuts, raisins, pistachios, and other dry fruits, nuts, seeds, and berries.