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Kerevitas Gidanayi Ve Ticaret AS (IST:KERVT) Cost of Goods Sold : ₺15,003 Mil (TTM As of Dec. 2023)


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What is Kerevitas Gidanayi Ve Ticaret AS Cost of Goods Sold?

Kerevitas Gidanayi Ve Ticaret AS's cost of goods sold for the three months ended in Dec. 2023 was ₺6,937 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was ₺15,003 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Kerevitas Gidanayi Ve Ticaret AS's Gross Margin % for the three months ended in Dec. 2023 was 15.94%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Kerevitas Gidanayi Ve Ticaret AS's Inventory Turnover for the three months ended in Dec. 2023 was 2.49.


Kerevitas Gidanayi Ve Ticaret AS Cost of Goods Sold Historical Data

The historical data trend for Kerevitas Gidanayi Ve Ticaret 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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Kerevitas Gidanayi Ve Ticaret AS Cost of Goods Sold Chart

Kerevitas Gidanayi Ve Ticaret 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 1,879.44 2,309.69 3,888.44 20,432.43 15,076.94

Kerevitas Gidanayi Ve Ticaret AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,008.02 2,608.91 2,313.00 3,144.63 6,936.77

Kerevitas Gidanayi Ve Ticaret 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.

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 ₺15,003 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.


Kerevitas Gidanayi Ve Ticaret AS  (IST:KERVT) Cost of Goods Sold Explanation

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

Kerevitas Gidanayi Ve Ticaret AS's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(8252.16 - 6936.765) / 8252.16
=15.94 %

* 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:

Kerevitas Gidanayi Ve Ticaret AS'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.


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Kerevitas Gidanayi Ve Ticaret AS (IST:KERVT) Business Description

Traded in Other Exchanges
N/A
Address
Kisikli Mahallesi Yenisen Sokak Yildiz Holding, B Blok Apt. No: 8 B/1, Uskudar, Istanbul, TUR
Kerevitas Gida Sanayi Ve Ticaret AS is a Turkey-based company involved in retail and export processed and packaged food products. It offers various products comprising Cheese Puff Pastry, Cheese and Honey Pastry Pie, Feta Cheese Rolls, Millefeuille, Mini Pide With Cheese and Mini Rolls with Cheese among others. The company's operating segment include Frozen and Canned and Edible Oil. It generates maximum revenue from the Edible Oil segment. The company exports its product to Africa; Asia; Europe; South America; North America and Oceania.

Kerevitas Gidanayi Ve Ticaret AS (IST:KERVT) Headlines

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