GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tung Mung Development Co Ltd (ROCO:1480) » Definitions » Cost of Goods Sold

Tung Mung Development Co (ROCO:1480) Cost of Goods Sold : NT$8,385 Mil (TTM As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Tung Mung Development Co Cost of Goods Sold?

Tung Mung Development Co's cost of goods sold for the six months ended in Dec. 2024 was NT$4,111 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was NT$8,385 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Tung Mung Development Co's Gross Margin % for the six months ended in Dec. 2024 was 2.88%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Tung Mung Development Co's Inventory Turnover for the six months ended in Dec. 2024 was 1.84.


Tung Mung Development Co Cost of Goods Sold Historical Data

The historical data trend for Tung Mung Development Co'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.

* Premium members only.

Tung Mung Development Co Cost of Goods Sold Chart

Tung Mung Development Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
7,701.79 10,730.48 11,168.67 8,982.95 8,384.54

Tung Mung Development Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Cost of Goods Sold Get a 7-Day Free Trial 4,526.56 5,169.67 3,813.28 4,273.58 4,110.96

Tung Mung Development Co 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$8,385 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.


Tung Mung Development Co  (ROCO:1480) Cost of Goods Sold Explanation

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

Tung Mung Development Co's Gross Margin % for the six months ended in Dec. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(4232.747 - 4110.957) / 4232.747
=2.88 %

* 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:

Tung Mung Development Co's Inventory Turnover for the six months ended in Dec. 2024 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.


Tung Mung Development Co Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Tung Mung Development Co's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


Tung Mung Development Co Business Description

Traded in Other Exchanges
N/A
Address
No. 90, Sec. 1, Hsin-Tai 5th Road, Tower C, 24th Floor, Hsichih District, New Taipei City, TWN
Tung Mung Development Co Ltd engages in manufacturing stainless steel products. The firm produces steel grades, stainless steel coils, and stainless steel sheets.

Tung Mung Development Co Headlines

No Headlines