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Yudiz Solutions (NSE:YUDIZ) Cost of Goods Sold : ₹159.6 Mil (TTM As of Mar. 2023)


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What is Yudiz Solutions Cost of Goods Sold?

Yudiz Solutions's cost of goods sold for the six months ended in Mar. 2023 was ₹76.8 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2023 was ₹159.6 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Yudiz Solutions's Gross Margin % for the six months ended in Mar. 2023 was 53.16%.

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


Yudiz Solutions Cost of Goods Sold Historical Data

The historical data trend for Yudiz 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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Yudiz Solutions Cost of Goods Sold Chart

Yudiz Solutions Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Cost of Goods Sold
68.70 86.13 124.08 159.62

Yudiz Solutions Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Cost of Goods Sold - - - 82.80 76.82

Yudiz 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 Mar. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹159.6 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.


Yudiz Solutions  (NSE:YUDIZ) Cost of Goods Sold Explanation

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

Yudiz Solutions's Gross Margin % for the six months ended in Mar. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(164.017 - 76.819) / 164.017
=53.16 %

* 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:

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


Yudiz Solutions Cost of Goods Sold Related Terms

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Yudiz Solutions (NSE:YUDIZ) Business Description

Traded in Other Exchanges
N/A
Address
Iscon-Ambli Road, 13th Floor, B square 2, Ahmedabad, GJ, IND, 380054
Yudiz Solutions Ltd is engaged in the business of providing IT solutions and consultancy focused on providing scalable and secure solutions to shape a business idea by implementing the latest and cutting-edge technologies. It offers web, mobile, game and blockchain solutions for business. It is an ISO 9001:2015 certified IT development company and an ideal digital transformation and technology services company for customers' needs. The company has consistently delivered a competitive edge in the form of robust, fore-sighted, and qualitative solutions.

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