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MindArk PE AB (XSAT:MNDRK) Cost of Goods Sold : kr20.3 Mil (TTM As of Sep. 2024)


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What is MindArk PE AB Cost of Goods Sold?

MindArk PE AB's cost of goods sold for the three months ended in Sep. 2024 was kr4.4 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2024 was kr20.3 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. MindArk PE AB's Gross Margin % for the three months ended in Sep. 2024 was 77.1%.

Cost of Goods Sold is also directly linked to Inventory Turnover. MindArk PE AB's Inventory Turnover for the three months ended in Sep. 2024 was 47.78.


MindArk PE AB Cost of Goods Sold Historical Data

The historical data trend for MindArk PE AB'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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MindArk PE AB Cost of Goods Sold Chart

MindArk PE AB Annual Data
Trend Dec21 Dec23
Cost of Goods Sold
26.08 37.68

MindArk PE AB Quarterly Data
Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.15 5.92 4.60 5.28 4.44

MindArk PE AB 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr20.3 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.


MindArk PE AB  (XSAT:MNDRK) Cost of Goods Sold Explanation

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

MindArk PE AB's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(19.403 - 4.444) / 19.403
=77.1 %

* 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:

MindArk PE AB's Inventory Turnover for the three months ended in Sep. 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.


MindArk PE AB Cost of Goods Sold Related Terms

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MindArk PE AB Business Description

Traded in Other Exchanges
N/A
Address
Masthamnsgatan 5, Gothenburg, SWE, SE 413 27
MindArk PE AB develops and operates Entropia Universe and the Entropia Platform. Entropia Universe is a 3D internet virtual universe with an integrated economic system and stunning graphics. The client software is free of charge and available to anyone with internet access. The Entropia Platform is a secure entertainment and business platform, enabling companies and organizations all over the world to build content on themed planets inside the Entropia Universe.

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