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Yoshiharu Global Co (Yoshiharu Global Co) Cost of Goods Sold : $8.85 Mil (TTM As of Dec. 2023)


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What is Yoshiharu Global Co Cost of Goods Sold?

Yoshiharu Global Co's cost of goods sold for the three months ended in Dec. 2023 was $2.28 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $8.85 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Yoshiharu Global Co's Gross Margin % for the three months ended in Dec. 2023 was 8.72%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Yoshiharu Global Co's Inventory Turnover for the three months ended in Dec. 2023 was 34.06.


Yoshiharu Global Co Cost of Goods Sold Historical Data

The historical data trend for Yoshiharu Global 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.

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Yoshiharu Global Co Cost of Goods Sold Chart

Yoshiharu Global Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
3.60 3.20 6.32 8.12 8.85

Yoshiharu Global Co Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.30 2.37 1.96 2.24 2.28

Yoshiharu Global 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.85 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.


Yoshiharu Global Co  (NAS:YOSH) Cost of Goods Sold Explanation

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

Yoshiharu Global Co's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(2.5 - 2.282) / 2.5
=8.72 %

* 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:

Yoshiharu Global Co'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.


Yoshiharu Global Co Cost of Goods Sold Related Terms

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Yoshiharu Global Co (Yoshiharu Global Co) Business Description

Traded in Other Exchanges
N/A
Address
6940 Beach Boulevard, Suite D-705, Buena Park, CA, USA, 90621
Yoshiharu Global Co is a Japanese restaurant operator. The company has one reportable segment, consisting of operating its stores. Yoshiharu serves the perfect, ideal ramen, as well as offers customers a wide variety of sushi, bento menu, and other favorite Japanese cuisines. It is owning and operating 8 restaurant stores with an additional 5 in development and 6 expected to open.
Executives
James Chae director, 10 percent owner, officer: President, CEO & Chairman 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Jay Kim director 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Yusil Yeo director 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Helen Lee director 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621
Soojae Cho officer: Chief Financial Officer 6940 BEACH BLVD SUITE D-705, BUENA PARK CA 90621