Immo Genk Zuid (XBRU:GENK) Cost of Goods Sold : €0.21 Mil (TTM As of May. 2021)

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What is Immo Genk Zuid Cost of Goods Sold?

Immo Genk Zuid's cost of goods sold for the six months ended in May. 2021 was €0.21 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in May. 2021 was €0.21 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Immo Genk Zuid's Gross Margin % for the six months ended in May. 2021 was 81.47%.

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

Immo Genk Zuid Cost of Goods Sold Historical Data

The historical data trend for Immo Genk Zuid'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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Immo Genk Zuid Cost of Goods Sold Chart

Immo Genk Zuid Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Cost of Goods Sold

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0.28

0.59

0.82

Immo Genk Zuid Semi-Annual Data
	May11	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	May21
Cost of Goods Sold	Get a 7-Day Free Trial															0.33	0.30	0.53	0.12	0.21

Immo Genk Zuid 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 May. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.21 Mil.

Immo Genk Zuid (XBRU:GENK) Cost of Goods Sold Explanation

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

Immo Genk Zuid's Gross Margin % for the six months ended in May. 2021 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(1.128	-	0.209)	/	1.128
	=	81.47 %

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:

Immo Genk Zuid's Inventory Turnover for the six months ended in May. 2021 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.209	/	0
	=	N/A

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.

Immo Genk Zuid Cost of Goods Sold Related Terms

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