GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ai Partners Financial Inc (TSE:7345) » Definitions » Cost of Goods Sold

Ai Partners Financial (TSE:7345) Cost of Goods Sold : 円2,767 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Ai Partners Financial Cost of Goods Sold?

Ai Partners Financial's cost of goods sold for the three months ended in Dec. 2023 was 円710 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was 円2,767 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ai Partners Financial's Gross Margin % for the three months ended in Dec. 2023 was 20.76%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


Ai Partners Financial Cost of Goods Sold Historical Data

The historical data trend for Ai Partners Financial'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.

Ai Partners Financial Cost of Goods Sold Chart

Ai Partners Financial Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Cost of Goods Sold
1,835.58 1,843.94 2,989.43 2,944.21 2,334.93

Ai Partners Financial Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 656.01 599.81 660.38 796.55 710.05

Ai Partners Financial 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,767 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.


Ai Partners Financial  (TSE:7345) Cost of Goods Sold Explanation

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

Ai Partners Financial's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(896.098 - 710.046) / 896.098
=20.76 %

* 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:

Ai Partners Financial's Inventory Turnover for the three months ended in Dec. 2023 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.


Ai Partners Financial Cost of Goods Sold Related Terms

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


Ai Partners Financial (TSE:7345) Business Description

Traded in Other Exchanges
N/A
Address
2-20-5 Minamisaiwai, Yokohama Nishi-ku, Kanagawa, JPN, 220?0005
Ai Partners Financial Inc is engaged in providing financial instruments intermediary service.

Ai Partners Financial (TSE:7345) Headlines

No Headlines