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PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Cost of Goods Sold : $1,341 Mil (TTM As of Dec. 2023)


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What is PT Krakatau Steel (Persero) Tbk Cost of Goods Sold?

PT Krakatau Steel (Persero) Tbk's cost of goods sold for the three months ended in Dec. 2023 was $184 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $1,341 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. PT Krakatau Steel (Persero) Tbk's Gross Margin % for the three months ended in Dec. 2023 was 3.21%.

Cost of Goods Sold is also directly linked to Inventory Turnover. PT Krakatau Steel (Persero) Tbk's Inventory Turnover for the three months ended in Dec. 2023 was 0.70.


PT Krakatau Steel (Persero) Tbk Cost of Goods Sold Historical Data

The historical data trend for PT Krakatau Steel (Persero) Tbk'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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PT Krakatau Steel (Persero) Tbk Cost of Goods Sold Chart

PT Krakatau Steel (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,403.60 1,214.87 1,914.73 2,036.07 1,341.06

PT Krakatau Steel (Persero) Tbk 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 383.90 637.39 269.19 250.05 184.43

PT Krakatau Steel (Persero) Tbk 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 $1,341 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.


PT Krakatau Steel (Persero) Tbk  (OTCPK:PKRKY) Cost of Goods Sold Explanation

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

PT Krakatau Steel (Persero) Tbk's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(190.549 - 184.434) / 190.549
=3.21 %

* 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:

PT Krakatau Steel (Persero) Tbk'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.


PT Krakatau Steel (Persero) Tbk Cost of Goods Sold Related Terms

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PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Business Description

Traded in Other Exchanges
Address
Jalan Industri No. 5, P.O. Box 14, Banten, Cilegon, IDN, 42435
PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, the company produces steel products with specific requirements, including Spiral Pipe, Electrical Resistance Welding Pipe, Reinforcing Bars, and Section Steel, particularly for national defense infrastructure in Indonesia. Apart from steel products, it also offers some other services and side products. It operates in five segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of revenue from the Steel Products segment.

PT Krakatau Steel (Persero) Tbk (PT Krakatau Steel (Persero) Tbk) Headlines

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