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Cat9 Group (Cat9 Group) Cost of Goods Sold : $0.40 Mil (TTM As of Sep. 2021)


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What is Cat9 Group Cost of Goods Sold?

Cat9 Group's cost of goods sold for the three months ended in Sep. 2021 was $0.08 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2021 was $0.40 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Cat9 Group's Gross Margin % for the three months ended in Sep. 2021 was 63.41%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Cat9 Group's Inventory Turnover for the three months ended in Sep. 2021 was 0.30.


Cat9 Group Cost of Goods Sold Historical Data

The historical data trend for Cat9 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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Cat9 Group Cost of Goods Sold Chart

Cat9 Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cost of Goods Sold
Get a 7-Day Free Trial 0.02 0.15 0.25 2.27 0.71

Cat9 Group Quarterly Data
Dec15 Dec16 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.12 -0.02 0.09 0.25 0.08

Cat9 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.40 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.


Cat9 Group  (OTCPK:CATN) Cost of Goods Sold Explanation

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

Cat9 Group's Gross Margin % for the three months ended in Sep. 2021 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.205 - 0.075) / 0.205
=63.41 %

* 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:

Cat9 Group's Inventory Turnover for the three months ended in Sep. 2021 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.


Cat9 Group Cost of Goods Sold Related Terms

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Cat9 Group (Cat9 Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 387, Tianren Road, Room 2001, Dading Century Square, Wuhou District, Sichuan Province, Chengdu, CHN, 610000
Cat9 Group Inc is engaged in the acquisition of land for the planting of Acer Truncatum trees and harvesting of Acer Truncatum seeds to produce edible oil. Its products include Acer truncatum seed oil) and Acer truncatum (capsules).
Executives
Liangqin Yi 10 percent owner, officer: CFO and Secretary 3-2-1404, CHANGCHENG NANYUAN, NO. 319, TIANHE WEST 2ND STREET, HI-TECH ZONE CHENGDU CITY, SICHUAN PROVINCE F4 610000
Wenfa Simon Sun director, 10 percent owner, officer: President, CEO & Chairman ROOM 2001, DADING CENTURY SQUARE NO. 387 TIANREN ROAD, WUHOU DISTRICT CHENGDU F4 610000
Qian Sanya Meihong 10 percent owner, officer: CFO and Secretary CHONGQING BANAN DISTRICT YUDONG YINGDAN PLAZA 63-3 CHONGQING F4 401320
Suyun Cao officer: CFO and Secretary ROOM 2001, DADING CENTURY SQUARE, NO. 38 TIANREN ROAD, WUHOU DISTRICT, CHENGDU SICHUAN PROVINCE F4 610000
Guofu Industry Development Ltd 10 percent owner 12/F SAN TOI BUILDING 137-139 CONNAUGHT ROAD CENTRAL HONG KONG K3 999077
Richard Chiang other: Previous Officer and Director 460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107
Chongqing Field Industrial Co Ltd. 10 percent owner CHONGQING BANAN DISTRICT YUDONG YINGDAN PLAZA 63-3 CHONGQING F4 401320

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