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Amiad Water Systems (XTAE:AMD) Cost of Goods Sold : ₪286.4 Mil (TTM As of Mar. 2024)


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What is Amiad Water Systems Cost of Goods Sold?

Amiad Water Systems's cost of goods sold for the three months ended in Mar. 2024 was ₪71.3 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was ₪286.4 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Amiad Water Systems's Gross Margin % for the three months ended in Mar. 2024 was 38.24%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Amiad Water Systems's Inventory Turnover for the three months ended in Mar. 2024 was 0.48.


Amiad Water Systems Cost of Goods Sold Historical Data

The historical data trend for Amiad Water Systems'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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Amiad Water Systems Cost of Goods Sold Chart

Amiad Water Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 263.01 233.94 250.49 266.24 279.74

Amiad Water Systems Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.69 71.93 65.23 77.89 71.35

Amiad Water Systems 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₪286.4 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.


Amiad Water Systems  (XTAE:AMD) Cost of Goods Sold Explanation

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

Amiad Water Systems's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(115.525 - 71.349) / 115.525
=38.24 %

* 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:

Amiad Water Systems's Inventory Turnover for the three months ended in Mar. 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.


Amiad Water Systems Cost of Goods Sold Related Terms

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Amiad Water Systems (XTAE:AMD) Business Description

Traded in Other Exchanges
N/A
Address
D.N. Galil Elyon 1, Kibbutz Amiad, ISR, 1233500
Amiad Water Systems Ltd is a producer and supplier of water filters and filtration systems. The company concentrates on automatic self-cleaning filters that require low maintenance and can be adapted to provide bespoke solutions to a wide range of applications in a number of industries, in addition to a variety of other applications in the irrigation market. Geographically, it has a presence in the Americas, Aisa-Pacific, and Europe, Middle East, and Africa.