GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Beijing Bewinner Communications Co Ltd (SZSE:002148) » Definitions » Cost of Goods Sold

Beijing Bewinner Communications Co (SZSE:002148) Cost of Goods Sold : ¥156.2 Mil (TTM As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Beijing Bewinner Communications Co Cost of Goods Sold?

Beijing Bewinner Communications Co's cost of goods sold for the three months ended in Mar. 2024 was ¥37.6 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was ¥156.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Beijing Bewinner Communications Co's Gross Margin % for the three months ended in Mar. 2024 was 41.9%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Beijing Bewinner Communications Co's Inventory Turnover for the three months ended in Mar. 2024 was 16.55.


Beijing Bewinner Communications Co Cost of Goods Sold Historical Data

The historical data trend for Beijing Bewinner Communications 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.

Beijing Bewinner Communications Co Cost of Goods Sold Chart

Beijing Bewinner Communications 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 94.12 86.13 120.83 132.06 155.76

Beijing Bewinner Communications 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 37.19 37.24 37.67 43.66 37.59

Beijing Bewinner Communications 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 ¥156.2 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.


Beijing Bewinner Communications Co  (SZSE:002148) Cost of Goods Sold Explanation

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

Beijing Bewinner Communications Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(64.7 - 37.591) / 64.7
=41.9 %

* 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:

Beijing Bewinner Communications 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.


Beijing Bewinner Communications Co Cost of Goods Sold Related Terms

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


Beijing Bewinner Communications Co (SZSE:002148) Business Description

Traded in Other Exchanges
N/A
Address
No. 22 Shou Ti South Street, Guo Xing Tower, 5F, Haidian District, Beijing, Beijing, CHN, 100044
Beijing Bewinner Communications Co Ltd operates as a mobile Internet service provider in China. The company offers mobile value-added services; virtual operator services; cloud communications services; SMS services; mobile Internet services to the aviation industry; and mobile game distribution, as well as lottery services, including lottery software.
Executives
Peng Wei Director
Zhang Jun Directors, executives
Liu Ning Directors, executives
Huang Xiao Secretary Dong
Fu Le Min Directors, executives
Li Jin Tao Independent director
Xu Jian Guo Director

Beijing Bewinner Communications Co (SZSE:002148) Headlines

No Headlines