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Sodas Sodyumnayii AS (IST:SODSN) Cost of Goods Sold : ₺143.2 Mil (TTM As of Dec. 2023)


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What is Sodas Sodyumnayii AS Cost of Goods Sold?

Sodas Sodyumnayii AS's cost of goods sold for the six months ended in Dec. 2023 was ₺143.2 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was ₺143.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Sodas Sodyumnayii AS's Gross Margin % for the six months ended in Dec. 2023 was 31.16%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Sodas Sodyumnayii AS's Inventory Turnover for the six months ended in Dec. 2023 was 6.34.


Sodas Sodyumnayii AS Cost of Goods Sold Historical Data

The historical data trend for Sodas Sodyumnayii AS'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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Sodas Sodyumnayii AS Cost of Goods Sold Chart

Sodas Sodyumnayii AS 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 31.63 34.42 40.36 189.05 143.24

Sodas Sodyumnayii AS Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.63 34.42 40.36 189.05 143.24

Sodas Sodyumnayii AS 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Cost of Goods Sold for the trailing twelve months (TTM) ended in Dec. 2023 was ₺143.2 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.


Sodas Sodyumnayii AS  (IST:SODSN) Cost of Goods Sold Explanation

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

Sodas Sodyumnayii AS's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(208.08 - 143.24) / 208.08
=31.16 %

* 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:

Sodas Sodyumnayii AS's Inventory Turnover for the six 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.


Sodas Sodyumnayii AS Cost of Goods Sold Related Terms

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Sodas Sodyumnayii AS (IST:SODSN) Business Description

Traded in Other Exchanges
N/A
Address
1476 Sokak No, 2 Aksoy Residence Ka, 13/A Daire:42, Alsancak, TUR, 34330
Sodas Sodyum Sanayii AS produces and sells sodium sulfate in Turkey. Its products are used in natural detergents, glass, and paper and textile industries.

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