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Alpha Technology Group (Alpha Technology Group) Cost of Goods Sold : $0.75 Mil (TTM As of Sep. 2023)


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What is Alpha Technology Group Cost of Goods Sold?

Alpha Technology Group's cost of goods sold for the six months ended in Sep. 2023 was $0.29 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2023 was $0.75 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Alpha Technology Group's Gross Margin % for the six months ended in Sep. 2023 was 27.11%.

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


Alpha Technology Group Cost of Goods Sold Historical Data

The historical data trend for Alpha Technology Group'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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Alpha Technology Group Cost of Goods Sold Chart

Alpha Technology Group Annual Data
Trend Sep21 Sep22 Sep23
Cost of Goods Sold
0.33 0.44 0.75

Alpha Technology Group Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Cost of Goods Sold - 0.22 0.22 0.45 0.29

Alpha Technology Group 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.75 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.


Alpha Technology Group  (NAS:ATGL) Cost of Goods Sold Explanation

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

Alpha Technology Group's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.402 - 0.293) / 0.402
=27.11 %

* 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:

Alpha Technology Group's Inventory Turnover for the six months ended in Sep. 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.


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Alpha Technology Group (Alpha Technology Group) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
52 Hung To Road, Unit B, 12th floor, Kwun Tong, Kowloon, Hong Kong, HKG
Alpha Technology Group Ltd operates through its subsidiaries, which are established cloud-based IT solution service providers in Hong Kong. Its Operating Subsidiaries utilize its analytic skills, programming skills, artificial intelligence technologies and technological know-how to provide comprehensive solutions designed to optimize the business performance of customers, meet various industry-specific operational challenges of customers and create new business opportunities for customers. The Operating Subsidiaries provide services for customers from a variety of industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, etc.

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