Southeast Cement Co (TPE:1110) Cost of Goods Sold : NT$2,069 Mil (TTM As of Mar. 2024)

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What is Southeast Cement Co Cost of Goods Sold?

Southeast Cement Co's cost of goods sold for the three months ended in Mar. 2024 was NT$479 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was NT$2,069 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Southeast Cement Co's Gross Margin % for the three months ended in Mar. 2024 was 16.98%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Southeast Cement Co's Inventory Turnover for the three months ended in Mar. 2024 was 0.38.

Southeast Cement Co Cost of Goods Sold Historical Data

The historical data trend for Southeast Cement 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.

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Southeast Cement Co Cost of Goods Sold Chart

Southeast Cement Co Annual Data

Trend

Dec14

Dec15

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Dec20

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Dec22

Dec23

Cost of Goods Sold

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1,502.65

1,523.61

1,712.22

1,672.74

2,069.64

Southeast Cement 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															479.15	517.24	530.76	542.50	478.92

Southeast Cement 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 NT$2,069 Mil.

Southeast Cement Co (TPE:1110) Cost of Goods Sold Explanation

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

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

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(576.896	-	478.917)	/	576.896
	=	16.98 %

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:

Southeast Cement Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	478.917	/	1255.192
	=	0.38

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.

Southeast Cement Co Cost of Goods Sold Related Terms

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Southeast Cement Co (TPE:1110) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Southeast Cement Co Ltd (TPE:1110) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.21, Wu Fu 3 Road, 1st Floor, 4th Floor, Qianjin District, Kaohsiung, TWN

Website

http://www.southeastcement.com.tw

Southeast Cement Co Ltd is principally engaged in the manufacturing and distribution of cement and slag powder. It also produces limestone and pre-mixed concrete. The firm's products include type I Portland cement, clinker and slag powder. The company's products are mainly applied to public engineering and buildings.

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