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Rykadan Capital (HKSE:02288) Cost of Goods Sold : HK$33.83 Mil (TTM As of Sep. 2023)


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What is Rykadan Capital Cost of Goods Sold?

Rykadan Capital's cost of goods sold for the six months ended in Sep. 2023 was HK$18.44 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2023 was HK$33.83 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Rykadan Capital's Gross Margin % for the six months ended in Sep. 2023 was -239.5%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Rykadan Capital's Inventory Turnover for the six months ended in Sep. 2023 was 10.66.


Rykadan Capital Cost of Goods Sold Historical Data

The historical data trend for Rykadan Capital'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.

Rykadan Capital Cost of Goods Sold Chart

Rykadan Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 463.73 67.46 149.24 75.81 85.14

Rykadan Capital Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 60.76 15.05 69.75 15.40 18.44

Rykadan Capital 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 HK$33.83 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.


Rykadan Capital  (HKSE:02288) Cost of Goods Sold Explanation

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

Rykadan Capital's Gross Margin % for the six months ended in Sep. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(5.431 - 18.438) / 5.431
=-239.5 %

* 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:

Rykadan Capital'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.


Rykadan Capital Cost of Goods Sold Related Terms

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Rykadan Capital (HKSE:02288) Business Description

Traded in Other Exchanges
N/A
Address
135 Hoi Bun Road, Rooms 2701 and 2801, Rykadan Capital Tower, Kwun Tong, Kowloon, Hong Kong, HKG
Rykadan Capital Ltd is an investment holding company. Its businesses are Property development, Property investment, Asset investment and fund management, and Distribution of construction and interior decorative materials. The key revenue is derived from the Property development segment which comprises repositioning and value enhancement of property with a focus on development projects in prime locations in Hong Kong, the United Kingdom, and the United States. Geographically, it derives a majority of revenue from the United Kingdom.
Executives
Chan William 2201 Interest of corporation controlled by you
Rykadan Holdings Limited 2201 Interest of corporation controlled by you
Scenemay Holdings Limited 2101 Beneficial owner
Tiger Crown Limited 2401 A concert party to an agreement to buy shares
Li Wing Yin 2201 Interest of corporation controlled by you
Li Chu Kwan 2201 Interest of corporation controlled by you
Ng Tak Kwan

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