GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MTQ Corp Ltd (SGX:M05) » Definitions » Cost of Goods Sold

MTQ (SGX:M05) Cost of Goods Sold : S$49.88 Mil (TTM As of Sep. 2024)


View and export this data going back to 1988. Start your Free Trial

What is MTQ Cost of Goods Sold?

MTQ's cost of goods sold for the six months ended in Sep. 2024 was S$24.88 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was S$49.88 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. MTQ's Gross Margin % for the six months ended in Sep. 2024 was 33.16%.

Cost of Goods Sold is also directly linked to Inventory Turnover. MTQ's Inventory Turnover for the six months ended in Sep. 2024 was 1.28.


MTQ Cost of Goods Sold Historical Data

The historical data trend for MTQ'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.

MTQ Cost of Goods Sold Chart

MTQ Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.40 36.61 37.37 55.46 50.73

MTQ Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 24.16 31.30 25.73 25.00 24.88

MTQ 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$49.88 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.


MTQ  (SGX:M05) Cost of Goods Sold Explanation

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

MTQ's Gross Margin % for the six months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(37.218 - 24.877) / 37.218
=33.16 %

* 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:

MTQ's Inventory Turnover for the six months ended in Sep. 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.


MTQ Cost of Goods Sold Related Terms

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


MTQ Business Description

Traded in Other Exchanges
Address
100 Tuas South Avenue 8, Singapore, SGP, 637424
MTQ Corp Ltd is a company, that engages in the provision of engineering solutions for oilfield equipment. The principal activities of the Company relate to those of an investment holding and management company. It offers engineering services for the servicing, manufacturing, assembly, and fabrication of oilfield equipment, such as valves and blow-out-preventers; rents and sells oilfield equipment and spare parts, such as heat exchanger mud coolers, shale shakers, drilling handling tools, bop pressure test units and torque tools. The firm also engages in the business of renting and sale of oilfield equipment.. It operates through the following business segments: Investment holding and Oilfield engineering segment out of which the Oilfield engineering segment derives the majority of revenue.

MTQ Headlines

No Headlines