GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Ourpalm Co Ltd (SZSE:300315) » Definitions » Cost of Goods Sold

Ourpalm Co (SZSE:300315) Cost of Goods Sold : ¥206.2 Mil (TTM As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Ourpalm Co Cost of Goods Sold?

Ourpalm Co's cost of goods sold for the three months ended in Sep. 2024 was ¥42.1 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was ¥206.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ourpalm Co's Gross Margin % for the three months ended in Sep. 2024 was 76.97%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Ourpalm Co's Inventory Turnover for the three months ended in Sep. 2024 was 3.67.


Ourpalm Co Cost of Goods Sold Historical Data

The historical data trend for Ourpalm 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.

Ourpalm Co Cost of Goods Sold Chart

Ourpalm 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 709.76 498.59 366.97 255.93 211.82

Ourpalm Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 57.42 59.83 57.17 47.07 42.15

Ourpalm 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥206.2 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.


Ourpalm Co  (SZSE:300315) Cost of Goods Sold Explanation

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

Ourpalm Co's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(182.99 - 42.148) / 182.99
=76.97 %

* 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:

Ourpalm Co's Inventory Turnover for the three 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.


Ourpalm Co Cost of Goods Sold Related Terms

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


Ourpalm Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Baosheng South Road, Room 901, Building 29, Block C, Lingzhi Center, Aobei Science and Technology Park, Haidian District, Beijing, CHN
Ourpalm Co Ltd is a China-based company engaged in the development, publishing, and operation of games. Its main business includes mobile terminal games, internet page games and product development, agent distribution and operation and maintenance of its peripheral products.
Executives
Cheng Li Executives
Yao Wen Zhe Directors, executives
Wu Lin Guang Director
Hu Bin Directors, executives
Li Hao Sheng Directors, executives
Deng Pan Director
Yao Wen Bin Director
Song Hai Bo Director
Ye Ying Tao Director
Wang Zhong Jun Director
Yang Kai Directors, executives
Zhang Yun Xia Directors, Directors, and Executives

Ourpalm Co Headlines

No Headlines