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Zhongmin Baihui Retail Group (SGX:5SR) Cost of Goods Sold : S$133.2 Mil (TTM As of Dec. 2024)


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What is Zhongmin Baihui Retail Group Cost of Goods Sold?

Zhongmin Baihui Retail Group's cost of goods sold for the six months ended in Dec. 2024 was S$63.2 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was S$133.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Zhongmin Baihui Retail Group's Gross Margin % for the six months ended in Dec. 2024 was 24.73%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Zhongmin Baihui Retail Group's Inventory Turnover for the six months ended in Dec. 2024 was 1.70.


Zhongmin Baihui Retail Group Cost of Goods Sold Historical Data

The historical data trend for Zhongmin Baihui Retail Group'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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Zhongmin Baihui Retail Group Cost of Goods Sold Chart

Zhongmin Baihui Retail Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun23 Jun24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.70 145.59 192.94 141.27 140.10

Zhongmin Baihui Retail Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 73.89 69.64 70.15 70.04 63.17

Zhongmin Baihui Retail Group 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 S$133.2 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.


Zhongmin Baihui Retail Group  (SGX:5SR) Cost of Goods Sold Explanation

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

Zhongmin Baihui Retail Group's Gross Margin % for the six months ended in Dec. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(83.918 - 63.167) / 83.918
=24.73 %

* 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:

Zhongmin Baihui Retail Group'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.


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Zhongmin Baihui Retail Group Business Description

Traded in Other Exchanges
N/A
Address
80 Marine Parade Road, No. 13-07 Parkway Parade, Singapore, SGP, 449269
Zhongmin Baihui Retail Group Ltd is engaged in the ownership, operation and management of department stores and supermarkets in Fujian Province, People's Republic of China. The company is involved in the operation and management of an outlet mall in Changsha, Hunan Province. The department stores offer a wide variety of clothes and accessories for men, women and children from domestic and international brands from concessionaires while the supermarkets are well stocked with a good variety of items, including fresh produce and live seafood. It derives the bulk of its revenue from sales of supermarket products and commissions from concessionaire sales.

Zhongmin Baihui Retail Group Headlines

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