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KOREA CABLE T V CHUNG-BUK SYSTEM Co (XKRX:066790) Cost of Goods Sold : ₩14,821 Mil (TTM As of Mar. 2024)


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What is KOREA CABLE T V CHUNG-BUK SYSTEM Co Cost of Goods Sold?

KOREA CABLE T V CHUNG-BUK SYSTEM Co's cost of goods sold for the three months ended in Mar. 2024 was ₩3,478 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was ₩14,821 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. KOREA CABLE T V CHUNG-BUK SYSTEM Co's Gross Margin % for the three months ended in Mar. 2024 was 22.7%.

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


KOREA CABLE T V CHUNG-BUK SYSTEM Co Cost of Goods Sold Historical Data

The historical data trend for KOREA CABLE T V CHUNG-BUK SYSTEM Co'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.

KOREA CABLE T V CHUNG-BUK SYSTEM Co Cost of Goods Sold Chart

KOREA CABLE T V CHUNG-BUK SYSTEM Co 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 15,062.23 14,860.38 14,261.16 14,543.99 14,787.22

KOREA CABLE T V CHUNG-BUK SYSTEM Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 3,443.91 3,670.25 3,868.86 3,804.20 3,477.64

KOREA CABLE T V CHUNG-BUK SYSTEM Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩14,821 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.


KOREA CABLE T V CHUNG-BUK SYSTEM Co  (XKRX:066790) Cost of Goods Sold Explanation

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

KOREA CABLE T V CHUNG-BUK SYSTEM Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(4498.657 - 3477.637) / 4498.657
=22.7 %

* 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:

KOREA CABLE T V CHUNG-BUK SYSTEM Co's Inventory Turnover for the three months ended in Mar. 2024 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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KOREA CABLE T V CHUNG-BUK SYSTEM Co (XKRX:066790) Business Description

Traded in Other Exchanges
N/A
Address
35 Yongsan-dong, Chungju-si, Chungcheongbuk-do, KOR, 380-090
KOREA CABLE T V CHUNG-BUK SYSTEM Co Ltd operate as a cable TV service provider in South Korea. The services offered by the company include digital cable TV, digital alay TV, cable TV, channel configurations, data broadcasting, and music broadcast.

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