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Arabian Centres Co (SAU:4321) Cost of Goods Sold : ﷼390 Mil (TTM As of Jun. 2024)


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What is Arabian Centres Co Cost of Goods Sold?

Arabian Centres Co's cost of goods sold for the three months ended in Jun. 2024 was ﷼101 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jun. 2024 was ﷼390 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Arabian Centres Co's Gross Margin % for the three months ended in Jun. 2024 was 82.77%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Arabian Centres Co's Inventory Turnover for the three months ended in Jun. 2024 was 0.29.


Arabian Centres Co Cost of Goods Sold Historical Data

The historical data trend for Arabian Centres 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.

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Arabian Centres Co Cost of Goods Sold Chart

Arabian Centres Co Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial 782.49 758.88 833.22 359.45 383.49

Arabian Centres Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 107.23 104.95 85.68 98.72 101.05

Arabian Centres 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼390 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.


Arabian Centres Co  (SAU:4321) Cost of Goods Sold Explanation

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

Arabian Centres Co's Gross Margin % for the three months ended in Jun. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(586.546 - 101.054) / 586.546
=82.77 %

* 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:

Arabian Centres Co's Inventory Turnover for the three months ended in Jun. 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.


Arabian Centres Co Cost of Goods Sold Related Terms

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Arabian Centres Co Business Description

Traded in Other Exchanges
N/A
Address
8838, Prince Turki Ibn Abdulaziz Al Awwal Road, King Saud University District, Riyadh, SAU, 12373-4925
Arabian Centres Co is a Saudi Arabia-based company. The company owns, operates, and develops lifestyle centers. Its principal activities include the purchase of land for the construction of buildings, development, and investment by selling or renting and contracting works for residential and commercial buildings, including demolition, restoration, drilling, and maintenance work. The company also provides maintenance and operation of commercial centers, tourist resorts, hotels, and restaurants, as well as managing and operating temporary and permanent exhibitions, compounds, and hospitals. It derives the vast majority of its revenue from rental income.

Arabian Centres Co Headlines

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