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Asia Power (SGX:A03) Cost of Goods Sold : S$13.77 Mil (TTM As of Sep. 2013)


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What is Asia Power Cost of Goods Sold?

Asia Power's cost of goods sold for the three months ended in Sep. 2013 was S$3.31 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2013 was S$13.77 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Asia Power's Gross Margin % for the three months ended in Sep. 2013 was 59.97%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Asia Power's Inventory Turnover for the three months ended in Sep. 2013 was 2.51.


Asia Power Cost of Goods Sold Historical Data

The historical data trend for Asia Power'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.

Asia Power Cost of Goods Sold Chart

Asia Power Annual Data
Trend Jun03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.61 110.41 91.22 15.55 13.65

Asia Power Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 3.59 4.30 3.23 2.92 3.31

Asia Power 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 Sep. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was S$13.77 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.


Asia Power  (SGX:A03) Cost of Goods Sold Explanation

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

Asia Power's Gross Margin % for the three months ended in Sep. 2013 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(8.273 - 3.312) / 8.273
=59.97 %

* 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:

Asia Power's Inventory Turnover for the three months ended in Sep. 2013 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.


Asia Power Cost of Goods Sold Related Terms

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Asia Power (SGX:A03) Business Description

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Address
Asia Power Corporation Limited is incorporated in Singapore. The Company is engaged in the business of ownership, management and operation of power plants in China. The Company operates under the following segments: Power plant operations which include owning, managing and operating power plants to generate and sell power, heat and steam; Power-related technology which includes design, manufacture and assembly of computerized automation systems which are used for the regulation of electricity flow and protection of power grids; Investment holding and others which include Holding of long-term investments and provision of power related business consultancy and management services.

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