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Current Motor (TSE:7690) Cost of Goods Sold : 円8,540 Mil (TTM As of Apr. 2024)


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What is Current Motor Cost of Goods Sold?

Current Motor's cost of goods sold for the six months ended in Apr. 2024 was 円4,729 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Apr. 2024 was 円8,540 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Current Motor's Gross Margin % for the six months ended in Apr. 2024 was 19.47%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Current Motor's Inventory Turnover for the six months ended in Apr. 2024 was 6.19.


Current Motor Cost of Goods Sold Historical Data

The historical data trend for Current Motor'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.

Current Motor Cost of Goods Sold Chart

Current Motor Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cost of Goods Sold
Get a 7-Day Free Trial 1,715.74 2,159.38 4,443.81 5,170.51 8,185.92

Current Motor Semi-Annual Data
Oct18 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2,191.94 2,978.57 4,375.41 3,810.52 4,729.41

Current Motor 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 Apr. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円8,540 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.


Current Motor  (TSE:7690) Cost of Goods Sold Explanation

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

Current Motor's Gross Margin % for the six months ended in Apr. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(5872.956 - 4729.409) / 5872.956
=19.47 %

* 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:

Current Motor's Inventory Turnover for the six months ended in Apr. 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.


Current Motor Cost of Goods Sold Related Terms

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Current Motor (TSE:7690) Business Description

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Traded in Other Exchanges
N/A
Address
4-1-19 Utsukushigaoka, Aoba-ku, Kanagawa Prefecture, Yokohama-Shi, JPN, 225-0002
Current Motor Corp is engaged in sale and purchase of various car models. The company also provides repair and maintenance business and provide specialized parts for imported cars.

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