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Mori Hills Reit Investment (TSE:3234) Cost of Goods Sold : 円7,146 Mil (TTM As of Jul. 2023)


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What is Mori Hills Reit Investment Cost of Goods Sold?

Mori Hills Reit Investment's cost of goods sold for the six months ended in Jul. 2023 was 円3,517 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Jul. 2023 was 円7,146 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Mori Hills Reit Investment's Gross Margin % for the six months ended in Jul. 2023 was 68.64%.

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


Mori Hills Reit Investment Cost of Goods Sold Historical Data

The historical data trend for Mori Hills Reit Investment'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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Mori Hills Reit Investment Cost of Goods Sold Chart

Mori Hills Reit Investment Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,356.33 6,475.94 6,641.17 6,849.85 6,992.56

Mori Hills Reit Investment Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 3,401.66 3,448.19 3,475.59 3,516.96 3,628.68

Mori Hills Reit Investment 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 Jul. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円7,146 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.


Mori Hills Reit Investment  (TSE:3234) Cost of Goods Sold Explanation

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

Mori Hills Reit Investment's Gross Margin % for the six months ended in Jul. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(11215.191 - 3516.964) / 11215.191
=68.64 %

* 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:

Mori Hills Reit Investment's Inventory Turnover for the six months ended in Jul. 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.


Mori Hills Reit Investment Cost of Goods Sold Related Terms

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Mori Hills Reit Investment (TSE:3234) Business Description

Traded in Other Exchanges
N/A
Address
12-32 Akasaka 1-chome, Minato-ku, Tokyo, JPN
Mori Hills Reit Investment Corp is engaged in real estate investment, leasing, and management. The firm's primary objective is to secure steady growth in its portfolio and to maximize unitholders' value by making selective investments that mainly target areas and real estate properties. The company's real estate portfolio, as of the end of the twenty-first fiscal period, was comprised of ten properties. The company owns real estate primarily office buildings and residential and retail properties available for lease in Tokyo.

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