GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Kingza International Co Ltd (ROCO:2751) » Definitions » Cost of Goods Sold

Kingza International Co (ROCO:2751) Cost of Goods Sold : NT$647 Mil (TTM As of Dec. 2023)


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

What is Kingza International Co Cost of Goods Sold?

Kingza International Co's cost of goods sold for the six months ended in Dec. 2023 was NT$352 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was NT$647 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kingza International Co's Gross Margin % for the six months ended in Dec. 2023 was 47.74%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Kingza International Co's Inventory Turnover for the six months ended in Dec. 2023 was 11.45.


Kingza International Co Cost of Goods Sold Historical Data

The historical data trend for Kingza International 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.

Kingza International Co Cost of Goods Sold Chart

Kingza International Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial 571.60 556.44 451.97 510.61 646.64

Kingza International Co Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 224.85 229.23 281.38 294.74 351.90

Kingza International 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was NT$647 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.


Kingza International Co  (ROCO:2751) Cost of Goods Sold Explanation

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

Kingza International Co's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(673.401 - 351.904) / 673.401
=47.74 %

* 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:

Kingza International Co's Inventory Turnover for the six 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.


Kingza International Co Cost of Goods Sold Related Terms

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


Kingza International Co (ROCO:2751) Business Description

Traded in Other Exchanges
N/A
Address
No. 98, Gaotie 9th Road, 3rd Floor, Hsinchu County, Zhubei City, TWN
Kingza International Co Ltd provides catering chain agency. It engages in operating franchise store, chain restaurant system management training, restaurant brand agency, and other services. Its brands include Ginza Katsuko Japanese-style Pork Chop; Duan Chunzhen Beef Noodles, Osaka Osho Dumplings and Kyoto Katsu Beef Japanese-style Fried Steak and many other catering brands.

Kingza International Co (ROCO:2751) Headlines

No Headlines