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Pou Sheng International (Holdings) (HKSE:03813) Cost of Goods Sold : HK$10,437 Mil (TTM As of Dec. 2023)


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What is Pou Sheng International (Holdings) Cost of Goods Sold?

Pou Sheng International (Holdings)'s cost of goods sold for the three months ended in Dec. 2023 was HK$3,252 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was HK$10,437 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Pou Sheng International (Holdings)'s Gross Margin % for the three months ended in Dec. 2023 was 35.65%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Pou Sheng International (Holdings)'s Inventory Turnover for the three months ended in Dec. 2023 was 1.26.


Pou Sheng International (Holdings) Cost of Goods Sold Historical Data

The historical data trend for Pou Sheng International (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.

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Pou Sheng International (Holdings) Cost of Goods Sold Chart

Pou Sheng International (Holdings) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,934.15 21,082.71 18,429.40 13,344.71 14,556.58

Pou Sheng International (Holdings) Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,063.60 - 3,267.31 3,252.18 3,917.52

Pou Sheng International (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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$10,437 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.


Pou Sheng International (Holdings)  (HKSE:03813) Cost of Goods Sold Explanation

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

Pou Sheng International (Holdings)'s Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(5054.179 - 3252.178) / 5054.179
=35.65 %

* 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:

Pou Sheng International (Holdings)'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.


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Pou Sheng International (Holdings) (HKSE:03813) Business Description

Traded in Other Exchanges
Address
108 Wai Yip Street, 22nd Floor, C-Bons International Center, Kwun Tong, Kowloon, Hong Kong, HKG
Pou Sheng International (Holdings) Ltd is an investment holding company. The principal activities of the Group are the distribution and retailing of sportswear and footwear products, the provision of sports services, and the provision of large-scale commercial spaces to retailers and distributors for commissions from concessionaire sales. The group's operations are mainly located in the PRC.
Executives
Pou Chen Corporation 2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited 2201 Interest of corporation controlled by you

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