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Nictus Holdings (NAM:NHL) Cost of Goods Sold : R738 Mil (TTM As of Dec. 2023)


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What is Nictus Holdings Cost of Goods Sold?

Nictus Holdings's cost of goods sold for the six months ended in Dec. 2023 was R366 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was R738 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Nictus Holdings's Gross Margin % for the six months ended in Dec. 2023 was 24.47%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Nictus Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 2.08.


Nictus Holdings Cost of Goods Sold Historical Data

The historical data trend for Nictus Holdings'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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Nictus Holdings Cost of Goods Sold Chart

Nictus Holdings Annual Data
Trend Mar20 Mar21 Jun22 Jun23
Cost of Goods Sold
439.76 488.18 - 739.84

Nictus Holdings Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Dec22 Jun23 Dec23
Cost of Goods Sold Get a 7-Day Free Trial 280.65 235.86 367.81 372.03 366.46

Nictus Holdings 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 semi-annually data reported by the company within the most recent 12 months, which was R738 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.


Nictus Holdings  (NAM:NHL) Cost of Goods Sold Explanation

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

Nictus Holdings's Gross Margin % for the six months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(485.19 - 366.459) / 485.19
=24.47 %

* 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:

Nictus Holdings's Inventory Turnover for the six 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.


Nictus Holdings Cost of Goods Sold Related Terms

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Nictus Holdings (NAM:NHL) Business Description

Traded in Other Exchanges
N/A
Address
140 Mandume Ndemufayo Avenue, 1st Floor, Nictus Building, P.O. Box 755, Southern Industrial Area, Windhoek, NAM
Nictus Holdings Ltd retails automobiles, tyres, furniture and provides financial and insurance services in Namibia. The company operates through three segments namely, Retail, Properties, and Insurance and Finance. The Retail segment sells multi-brand tires, retreaded tires, wheels, and allied services. The Properties segment invests in properties. The Insurance and Finance segment provides risk management solutions, and financial assistance. Majority revenue of the company is earned from Retail segment.

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