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Insigma Technology Co (SHSE:600797) Cost of Goods Sold : ¥2,633 Mil (TTM As of Mar. 2024)


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What is Insigma Technology Co Cost of Goods Sold?

Insigma Technology Co's cost of goods sold for the three months ended in Mar. 2024 was ¥539 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,633 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Insigma Technology Co's Gross Margin % for the three months ended in Mar. 2024 was 20.82%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Insigma Technology Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.83.


Insigma Technology Co Cost of Goods Sold Historical Data

The historical data trend for Insigma Technology 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.

Insigma Technology Co Cost of Goods Sold Chart

Insigma Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,650.29 2,732.05 3,199.23 3,131.50 2,773.91

Insigma Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 679.68 557.96 609.04 927.23 538.54

Insigma Technology 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥2,633 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.


Insigma Technology Co  (SHSE:600797) Cost of Goods Sold Explanation

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

Insigma Technology Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(680.18 - 538.54) / 680.18
=20.82 %

* 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:

Insigma Technology Co's Inventory Turnover for the three months ended in Mar. 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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Insigma Technology Co (SHSE:600797) Business Description

Traded in Other Exchanges
N/A
Address
No. 226 Tianmushan Road, 12F, Hangzhou, Zhejiang, CHN, 310007
Insigma Technology Co Ltd provides outsourcing, IT, consulting and training services. Its outsourcing services include Application Software Development and Maintenance, Legacy system reengineering, Cloud development and cloud testing. Its consulting services include Government-Enterprise Transformation Advisory Service, Smart City Top Design and Consulting Services and Business Process Reengineering.
Executives
Zhou Bo senior management
Pan Li Chun Director
Shen Yue Director
Shi Lie Director
Chen Jian Director
Chen Rui Director
Jiang Yi senior management
Dong Dan Qing senior management
Xie Wei senior management
Xu Ke Fei senior management
Wu Ying Yan senior management
Zhao Jian Director
Zhong Ming Bo Director
Yang Xiao Hu senior management
Chen Chun Director

Insigma Technology Co (SHSE:600797) Headlines

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