GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Azur Selection SA (XPAR:MLAZR) » Definitions » Cost of Goods Sold

The Azur Selection (XPAR:MLAZR) Cost of Goods Sold : €0.16 Mil (TTM As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is The Azur Selection Cost of Goods Sold?

The Azur Selection's cost of goods sold for the six months ended in Dec. 2023 was €0.09 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was €0.16 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. The Azur Selection's Gross Margin % for the six months ended in Dec. 2023 was 97.05%.

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


The Azur Selection Cost of Goods Sold Historical Data

The historical data trend for The Azur Selection'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.

The Azur Selection Cost of Goods Sold Chart

The Azur Selection Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
0.15 0.28 0.57 0.16

The Azur Selection Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cost of Goods Sold Get a 7-Day Free Trial 0.25 0.35 0.22 0.06 0.09

The Azur Selection 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 semi-annually data reported by the company within the most recent 12 months, which was €0.16 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.


The Azur Selection  (XPAR:MLAZR) Cost of Goods Sold Explanation

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

The Azur Selection's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(3.189 - 0.094) / 3.189
=97.05 %

* 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:

The Azur Selection's Inventory Turnover for the six 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.


The Azur Selection Cost of Goods Sold Related Terms

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


The Azur Selection (XPAR:MLAZR) Business Description

Traded in Other Exchanges
N/A
Address
19 Stratarchou Alexandrou Papagou Str., Voula, GRC, 16673
The Azur Selection SA is a real estate investment company, with interests in hospitality in Greece and the South of France. Its objective is to progressively become a majorly holding company in the field of hotel and hospitality investments and real estate both in Greece and France by providing excellent hospitality services and offering a range of special experiences to its customers.

The Azur Selection (XPAR:MLAZR) Headlines

No Headlines