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STI Education Systems Holdings (PHS:STI) Cost of Goods Sold : ₱1,446 Mil (TTM As of Dec. 2023)


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What is STI Education Systems Holdings Cost of Goods Sold?

STI Education Systems Holdings's cost of goods sold for the three months ended in Dec. 2023 was ₱361 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was ₱1,446 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. STI Education Systems Holdings's Gross Margin % for the three months ended in Dec. 2023 was 72.4%.

Cost of Goods Sold is also directly linked to Inventory Turnover. STI Education Systems Holdings's Inventory Turnover for the three months ended in Dec. 2023 was 2.65.


STI Education Systems Holdings Cost of Goods Sold Historical Data

The historical data trend for STI Education Systems Holdings'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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STI Education Systems Holdings Cost of Goods Sold Chart

STI Education Systems Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Jun22 Jun23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,389.52 1,423.32 1,423.32 1,297.45 1,509.58

STI Education Systems Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 286.32 268.60 443.40 372.82 361.09

STI Education Systems Holdings 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱1,446 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.


STI Education Systems Holdings  (PHS:STI) Cost of Goods Sold Explanation

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

STI Education Systems Holdings's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1308.198 - 361.085) / 1308.198
=72.4 %

* 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:

STI Education Systems Holdings's Inventory Turnover for the three 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.


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STI Education Systems Holdings (PHS:STI) Business Description

Traded in Other Exchanges
N/A
Address
6764 Ayala Avenue, 7th Floor, STI Holdings Center, Makati, PHL, 1226
STI Education Systems Holdings Inc is an education and investment corporation in the Philippines. The company offers technical/vocational diplomas, certificates, and short-term courses in computer programming and computer technology courses. The group's segments are Metro Manila, Northern Luzon, Southern Luzon, Visayas and Mindanao. It derives a majority of its revenue from the Metro Manila segment.

STI Education Systems Holdings (PHS:STI) Headlines