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Vats Liquor Chain Store Management JSC (SZSE:300755) Cost of Goods Sold : ¥7,466 Mil (TTM As of Mar. 2025)


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What is Vats Liquor Chain Store Management JSC Cost of Goods Sold?

Vats Liquor Chain Store Management JSC's cost of goods sold for the three months ended in Mar. 2025 was ¥2,554 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2025 was ¥7,466 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Vats Liquor Chain Store Management JSC's Gross Margin % for the three months ended in Mar. 2025 was 10.44%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Vats Liquor Chain Store Management JSC's Inventory Turnover for the three months ended in Mar. 2025 was 0.83.


Vats Liquor Chain Store Management JSC Cost of Goods Sold Historical Data

The historical data trend for Vats Liquor Chain Store Management JSC'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.

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Vats Liquor Chain Store Management JSC Cost of Goods Sold Chart

Vats Liquor Chain Store Management JSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,998.91 5,896.69 7,486.21 9,033.45 8,612.37

Vats Liquor Chain Store Management JSC Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3,700.11 1,619.13 1,728.05 1,565.08 2,553.98

Vats Liquor Chain Store Management JSC 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥7,466 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.


Vats Liquor Chain Store Management JSC  (SZSE:300755) Cost of Goods Sold Explanation

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

Vats Liquor Chain Store Management JSC's Gross Margin % for the three months ended in Mar. 2025 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(2851.592 - 2553.976) / 2851.592
=10.44 %

* 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:

Vats Liquor Chain Store Management JSC's Inventory Turnover for the three months ended in Mar. 2025 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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Vats Liquor Chain Store Management JSC Business Description

Traded in Other Exchanges
N/A
Address
Central District of Shangri-La Economic Development Zone, Yunnan Province, Diqing Tibetan Autonomous Prefecture, CHN, 100062
Vats Liquor Chain Store Management JSC Ltd is engaged in distribution of wines such as feitian maotai, maotai aged wine and ordinary wuliangye.
Executives
Hu Liang Feng Executives
Yang Wu Yong Directors, executives
Yang Qiang Executives
Peng Yu Qing Director
Liang Fang Bin Directors, executives
Li Wei Directors, executives
Zhang Jing Supervisors
Lei Guang Yong Independent director
Huang Fei Executives
Yan Tao Director

Vats Liquor Chain Store Management JSC Headlines

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