GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Oron Group Investments & Holdings Ltd (XTAE:ORON) » Definitions » Cost of Goods Sold

Oron Group Investments & Holdings (XTAE:ORON) Cost of Goods Sold : ₪1,021 Mil (TTM As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Oron Group Investments & Holdings Cost of Goods Sold?

Oron Group Investments & Holdings's cost of goods sold for the three months ended in Mar. 2024 was ₪325 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was ₪1,021 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Oron Group Investments & Holdings's Gross Margin % for the three months ended in Mar. 2024 was 13.91%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Oron Group Investments & Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.64.


Oron Group Investments & Holdings Cost of Goods Sold Historical Data

The historical data trend for Oron Group Investments & Holdings'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.

Oron Group Investments & Holdings Cost of Goods Sold Chart

Oron Group Investments & Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cost of Goods Sold
Get a 7-Day Free Trial 636.28 795.19 773.96 774.61 1,065.53

Oron Group Investments & Holdings Quarterly Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 352.49 288.24 309.75 386.35 324.53

Oron Group Investments & Holdings 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 ₪1,021 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.


Oron Group Investments & Holdings  (XTAE:ORON) Cost of Goods Sold Explanation

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

Oron Group Investments & Holdings's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(376.981 - 324.534) / 376.981
=13.91 %

* 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:

Oron Group Investments & Holdings'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.


Oron Group Investments & Holdings Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Oron Group Investments & Holdings's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


Oron Group Investments & Holdings (XTAE:ORON) Business Description

Traded in Other Exchanges
N/A
Address
4 Yehuda Hanachtom Street, Beltech Building, Beersheba, ISR
Oron Group Investments & Holdings Ltd is a civil engineering and development company. It is engaged in infrastructure, civil engineering, industrial and residential construction. The Company manages several companies and subsidiaries in the field of civil engineering,industry, infrastructure, development and contracting. It has engineering projects in Israel and abroad.

Oron Group Investments & Holdings (XTAE:ORON) Headlines

No Headlines