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Neto Malinda Trading (XTAE:NTML) Cost of Goods Sold : ₪3,893 Mil (TTM As of Dec. 2023)


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What is Neto Malinda Trading Cost of Goods Sold?

Neto Malinda Trading's cost of goods sold for the three months ended in Dec. 2023 was ₪893 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was ₪3,893 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Neto Malinda Trading's Gross Margin % for the three months ended in Dec. 2023 was 11.59%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Neto Malinda Trading's Inventory Turnover for the three months ended in Dec. 2023 was 1.82.


Neto Malinda Trading Cost of Goods Sold Historical Data

The historical data trend for Neto Malinda Trading'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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Neto Malinda Trading Cost of Goods Sold Chart

Neto Malinda Trading Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,048.06 2,271.06 2,757.08 3,018.82 3,694.77

Neto Malinda Trading Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 905.82 1,019.23 943.13 1,037.82 892.51

Neto Malinda Trading 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 quarterly data reported by the company within the most recent 12 months, which was ₪3,893 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.


Neto Malinda Trading  (XTAE:NTML) Cost of Goods Sold Explanation

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

Neto Malinda Trading's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1009.474 - 892.514) / 1009.474
=11.59 %

* 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:

Neto Malinda Trading's Inventory Turnover for the three 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.


Neto Malinda Trading Cost of Goods Sold Related Terms

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Neto Malinda Trading (XTAE:NTML) Business Description

Traded in Other Exchanges
N/A
Address
5 Meir Ezra Street, P.O Box 655, Kiryat Malachi, ISR, 75864
Neto Malinda Trading Ltd is a food conglomerates in Israel. It operates in food processing sector. The Company imports and exports food products, produces fish products, imports canned goods and produces products under Williger brand. Its brands include Tibon Veal, Delidag, Williger, Three Bakers, Rich's, Bikorey Hasade Darom. It also owns and operates cold storage for frozen and chilled products.

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