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SAV-Rahoitus Oyj (OHEL:SAV1V) Cost of Goods Sold : €2.48 Mil (TTM As of Jun. 2014)


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What is SAV-Rahoitus Oyj Cost of Goods Sold?

SAV-Rahoitus Oyj's cost of goods sold for the six months ended in Jun. 2014 was €2.48 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2014 was €2.48 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. SAV-Rahoitus Oyj's Gross Margin % for the six months ended in Jun. 2014 was 21.96%.

Cost of Goods Sold is also directly linked to Inventory Turnover. SAV-Rahoitus Oyj's Inventory Turnover for the six months ended in Jun. 2014 was 58.38.


SAV-Rahoitus Oyj Cost of Goods Sold Historical Data

The historical data trend for SAV-Rahoitus Oyj'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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SAV-Rahoitus Oyj Cost of Goods Sold Chart

SAV-Rahoitus Oyj Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Cost of Goods Sold
Get a 7-Day Free Trial 6.26 3.08 3.19 0.32 2.48

SAV-Rahoitus Oyj Semi-Annual Data
Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Cost of Goods Sold Get a 7-Day Free Trial 6.26 3.08 3.19 0.32 2.48

SAV-Rahoitus Oyj 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 Jun. 2014 was €2.48 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.


SAV-Rahoitus Oyj  (OHEL:SAV1V) Cost of Goods Sold Explanation

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

SAV-Rahoitus Oyj's Gross Margin % for the six months ended in Jun. 2014 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(3.179 - 2.481) / 3.179
=21.96 %

* 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:

SAV-Rahoitus Oyj's Inventory Turnover for the six months ended in Jun. 2014 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.


SAV-Rahoitus Oyj Cost of Goods Sold Related Terms

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SAV-Rahoitus Oyj (OHEL:SAV1V) Business Description

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Savoy-Pankki Oyj is engaged in providing a loan against the vehicle for private individuals. It offers financing solution for consumers directly or indirectly through vehicle resellers.

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