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Manuka (Manuka) Cost of Goods Sold : $0.02 Mil (TTM As of Sep. 2023)


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What is Manuka Cost of Goods Sold?

Manuka's cost of goods sold for the three months ended in Sep. 2023 was $0.01 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2023 was $0.02 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Manuka's Gross Margin % for the three months ended in Sep. 2023 was 94.89%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Manuka's Inventory Turnover for the three months ended in Sep. 2023 was 0.10.


Manuka Cost of Goods Sold Historical Data

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

Manuka Annual Data
Trend
Cost of Goods Sold

Manuka Quarterly Data
Jun22 Sep22 Jun23 Sep23
Cost of Goods Sold 0.02 - 0.01 0.01

Manuka 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.02 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.


Manuka  (OTCPK:MNKA) Cost of Goods Sold Explanation

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

Manuka's Gross Margin % for the three months ended in Sep. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.176 - 0.009) / 0.176
=94.89 %

* 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:

Manuka's Inventory Turnover for the three 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.


Manuka Cost of Goods Sold Related Terms

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Manuka (Manuka) Business Description

Traded in Other Exchanges
N/A
Address
3 Eliezer Vardinon Street, Petach Tikva, ISR, 4959507
Manuka Inc is a beauty company that develops and distributes premium-quality skincare products, that are based on M?nuka honey and bee venom. Its skincare products are manufactured in Israel by its vendor, Chic with M?nuka honey ingredients. The company imports Manuka honey from its supplier in New Zealand, Waitemata Honey pursuant to the Supply Agreement. Currently, it operates only in Israel through the online platform. Its website and mobile applications currently offer six cosmetic skincare products: Face Serum with Manuka Honey and Bee Venom; Face Serum with enhanced Vitamin C; Day Cream; Night nourishing Cream; Eye Cream; and Face Cleanser Gel.
Executives
David Dana officer: Chief Financial Officer 3 ELIEZER VARDINON ST., PETACH TIKVA L3 4959507
Shimon Citron director, officer: Chief Executive Officer
Brian M Culley officer: Chief Executive Officer 6725 MESA RIDGE ROAD, SUITE 100, SAN DIEGO CA 92121
Peter N. Payne officer: Chief Executive Officer C/O NEW YORK GLOBAL INNOVATIONS INC., 18 E. 16TH STREET, SUITE 307, NEW YORK NY 10003
Dana Wolf officer: Chief Scientific Officer 18 EAST 16TH STREET, SUITE 307, NEW YORK NY 10003
Tonak Ltd. 10 percent owner 18 EAST 16TH STREET, SUITE 307, NEW YORK NY 10003
Israel Alfassi director 18 EAST 16TH STREET, SUITE 307, NEW YORK NY 10003
Chanan Morris officer: Chief Financial Officer 30 HAKTORET STREET, EFRAT L3 90435
Arias Roberto Alonso Jimenez director C/O NEW YORK GLOBAL INNOVATIONS INC., 18 EAST 16TH ST., SUITE 307, NEW YORK NY 10003
Tomer Assis officer: Chief Financial Officer C/O INKSURE TECHNOLOGIES INC., 18 EAST 16TH ST., SUITE 307, NEW YORK NY 10003
David W Sass director, officer: Secretary 260 MADISON AVE 18TH FLR, NEW YORK NY 10016
David Avner officer: CHIEF FINANCIAL OFFICER 1 HAMADA ST, REHOVOT L3 76703
Jonathan Bettsak director C/O INKSURE LTD 1 HAMADA ST., THE RABIN SCIENCE PARK, REHOVOT L3 76703
Tal Gilat officer: President and CEO C/O INKSURE, 1 HAMADA ST., REHOVOT L3 76703
Alon Raich director C/O ICTS INTERNATIONAL, N.V., BIESBOSCH 225, 1181 JC AMSTELVEEN P7 0000000000

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