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Oicintra (Oicintra) Cost of Goods Sold : $0.00 Mil (TTM As of Sep. 2023)


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What is Oicintra Cost of Goods Sold?

Oicintra's cost of goods sold for the six months ended in Sep. 2023 was $0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2023 was $0.00 Mil.

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

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


Oicintra Cost of Goods Sold Historical Data

The historical data trend for Oicintra'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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Oicintra Cost of Goods Sold Chart

Oicintra Annual Data
Trend
Cost of Goods Sold

Oicintra Semi-Annual Data
Sep22 Sep23
Cost of Goods Sold - -

Oicintra 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 Sep. 2023 was $0.00 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.


Oicintra  (OTCPK:OICT) Cost of Goods Sold Explanation

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

Oicintra's Gross Margin % 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.

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:

Oicintra'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.


Oicintra Cost of Goods Sold Related Terms

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Oicintra (Oicintra) Business Description

Traded in Other Exchanges
N/A
Address
1057 Whitney Ranch Drive, Suite 300, Henderson, NV, USA, 89014
Oicintra Inc is a precious metals processing company that markets its proprietary methods to extract and leach precious metals from ore. Its target market is precious metals mining operations. Its process improves on environmental hazards typically associated with processing ore to extract valuable precious metals reducing the use of mercury by small and medium-scale miners, and the use of cyanide by medium and large-scale miners.

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