GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lai Yih Footwear Co Ltd (TPE:6890) » Definitions » Cost of Goods Sold

Lai Yih Footwear Co (TPE:6890) Cost of Goods Sold : NT$30,231 Mil (TTM As of Dec. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Lai Yih Footwear Co Cost of Goods Sold?

Lai Yih Footwear Co's cost of goods sold for the three months ended in Dec. 2024 was NT$8,836 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2024 was NT$30,231 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Lai Yih Footwear Co's Gross Margin % for the three months ended in Dec. 2024 was 18.57%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Lai Yih Footwear Co's Inventory Turnover for the three months ended in Dec. 2024 was 1.48.


Lai Yih Footwear Co Cost of Goods Sold Historical Data

The historical data trend for Lai Yih Footwear 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.

Lai Yih Footwear Co Cost of Goods Sold Chart

Lai Yih Footwear Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cost of Goods Sold
17,370.45 25,647.71 24,242.74 30,231.23

Lai Yih Footwear Co Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,028.27 6,287.56 7,713.95 7,393.49 8,836.23

Lai Yih Footwear 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$30,231 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.


Lai Yih Footwear Co  (TPE:6890) Cost of Goods Sold Explanation

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

Lai Yih Footwear Co's Gross Margin % for the three months ended in Dec. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(10851.622 - 8836.231) / 10851.622
=18.57 %

* 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:

Lai Yih Footwear Co's Inventory Turnover for the three months ended in Dec. 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.


Lai Yih Footwear Co Cost of Goods Sold Related Terms

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


Lai Yih Footwear Co Business Description

Traded in Other Exchanges
N/A
Address
No. 13, Lane 370, Section 4, Yatan Road, Daya district, Taichung, TWN, 42854
Lai Yih Footwear Co Ltd specializes in producing various high-end casual shoes, sports shoes, other special function shoes, and other footwear products. It cooperates with many familiar international brands such as Adidas, Converse, Vans, The North Face, and Hoka. The company generates a majority of its revenue from the United States and the rest from China, Germany, Belgium, Indonesia, and other regions.

Lai Yih Footwear Co Headlines

No Headlines