GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Lien Hwa Industrial Holding Corp (TPE:1229) » Definitions » Cost of Goods Sold

Lien Hwa Industrial Holding (TPE:1229) Cost of Goods Sold : NT$7,324 Mil (TTM As of Mar. 2024)


View and export this data going back to 1976. Start your Free Trial

What is Lien Hwa Industrial Holding Cost of Goods Sold?

Lien Hwa Industrial Holding's cost of goods sold for the three months ended in Mar. 2024 was NT$2,500 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was NT$7,324 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lien Hwa Industrial Holding's Gross Margin % for the three months ended in Mar. 2024 was 18.04%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Lien Hwa Industrial Holding's Inventory Turnover for the three months ended in Mar. 2024 was 1.72.


Lien Hwa Industrial Holding Cost of Goods Sold Historical Data

The historical data trend for Lien Hwa Industrial Holding'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.

Lien Hwa Industrial Holding Cost of Goods Sold Chart

Lien Hwa Industrial Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,265.76 6,401.66 7,507.84 8,801.73 9,634.28

Lien Hwa Industrial Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2,764.32 2,452.13 2,455.75 2,368.42 2,500.23

Lien Hwa Industrial Holding 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$7,324 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.


Lien Hwa Industrial Holding  (TPE:1229) Cost of Goods Sold Explanation

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

Lien Hwa Industrial Holding's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(3050.5 - 2500.227) / 3050.5
=18.04 %

* 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:

Lien Hwa Industrial Holding'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.


Lien Hwa Industrial Holding Cost of Goods Sold Related Terms

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


Lien Hwa Industrial Holding (TPE:1229) Business Description

Traded in Other Exchanges
N/A
Address
No. 44, Section 1, Chengde Road, 6th Floor, Datong District, Taipei, TWN
Lien Hwa Industrial Holding Corp is engaged in flour production and sale, real estate rental, integrated system service, automatic system, and other electronic businesses. The company has five reportable segments. The rental business provides real property rental and development services. The noodle business manufactures and sells all kinds of noodles and processed foods. The noodle business overseas is a noodles manufacturing and sale company. The system integration service business provides the system integration service, automatic system, applied software design, and sale of industrial computers. The administrative resource center is responsible for the management of domestic/foreign investment business.

Lien Hwa Industrial Holding (TPE:1229) Headlines

No Headlines