GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » GDH Supertime Group Co Ltd (SZSE:001338) » Definitions » Cost of Goods Sold

GDH Supertime Group Co (SZSE:001338) Cost of Goods Sold : ¥4,201 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is GDH Supertime Group Co Cost of Goods Sold?

GDH Supertime Group Co's cost of goods sold for the three months ended in Mar. 2024 was ¥795 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4,201 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. GDH Supertime Group Co's Gross Margin % for the three months ended in Mar. 2024 was 13.79%.

Cost of Goods Sold is also directly linked to Inventory Turnover. GDH Supertime Group Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.55.


GDH Supertime Group Co Cost of Goods Sold Historical Data

The historical data trend for GDH Supertime Group 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.

GDH Supertime Group Co Cost of Goods Sold Chart

GDH Supertime Group Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial 2,472.59 2,545.22 2,724.80 3,804.35 4,431.89

GDH Supertime Group Co Quarterly Data
Dec18 Dec19 Dec20 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 1,025.91 1,317.59 1,156.74 931.64 794.90

GDH Supertime Group 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 ¥4,201 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.


GDH Supertime Group Co  (SZSE:001338) Cost of Goods Sold Explanation

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

GDH Supertime Group Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(922.099 - 794.902) / 922.099
=13.79 %

* 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:

GDH Supertime Group 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.


GDH Supertime Group Co Cost of Goods Sold Related Terms

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


GDH Supertime Group Co (SZSE:001338) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Mingzhu Road, Room 310, Room 309, Comprehensive Building, Huangpu District, Guangdong Province, Guangzhou, CHN, 510700
GDH Supertime Group Co Ltd is engaged in the research and development, production and sales of malt.

GDH Supertime Group Co (SZSE:001338) Headlines

No Headlines