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Touchpoint Group Holdings's cost of goods sold for the three months ended in Sep. 2022 was $0.03 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2022 was $0.24 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Touchpoint Group Holdings's Gross Margin % for the three months ended in Sep. 2022 was -1450%.
Cost of Goods Sold is also directly linked to Inventory Turnover.
The historical data trend for Touchpoint Group 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.
Touchpoint Group Holdings Annual Data | |||||||||||||||||||||
Trend | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | |||||||||||
Cost of Goods Sold | Get a 7-Day Free Trial | 0.86 | 1.98 | 0.56 | 0.56 | 0.56 |
Touchpoint Group Holdings Quarterly Data | ||||||||||||||||||||
Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | |
Cost of Goods Sold | Get a 7-Day Free Trial | 0.14 | 0.14 | 0.03 | 0.03 | 0.03 |
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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.24 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.
Touchpoint Group Holdings (OTCPK:TGHI) Cost of Goods Sold Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Touchpoint Group Holdings's Gross Margin % for the three months ended in Sep. 2022 is calculated as:
Gross Margin % | = | (Revenue | - | Cost of Goods Sold) | / | Revenue |
= | (0.002 | - | 0.031) | / | 0.002 | |
= | -1450 % |
* 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:
Touchpoint Group Holdings's Inventory Turnover for the three months ended in Sep. 2022 is calculated as:
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 0.031 | / | 0 | |
= | N/A |
* 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.
Thank you for viewing the detailed overview of Touchpoint Group Holdings's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhanming Wu | 10 percent owner | ROOM 703, BUILDING NO. 5, NO. 868 PUMING ROAD, SHANGHAI F4 200120 |
Ajing Zhang | director | ROOM 901, NO. 4, LANE 999, SHI LONG ROAD, XUHUI DISTRICT, SHANGHAI F4 200237 |
Pengfei Li | director | ROOM 601, NO. 11, LANE 1188, SOUTH WANPING ROAD, XUHUI DISTRICT, SHANGHAI F4 200232 |
Edwin Lun | officer: Chief Operating Officer | ROOM 1808,18/F HUTCHISON HSE.10 HARCOURT, HONG KONG F4 XXXXXXX |
Mark Brian White | director, 10 percent owner, officer: Chief Executive Officer | IMMEUBLE MILA, CHAMPERY V8 1874 |
Martin Christopher Ward | director, officer: Chief Financial Officer | CHALKSTREAM, KINGS SOMBORNE, STOCKBRIDGE X0 S020 6NZ |
Robert Paul Vogler | director | INDUSTRIESTRASSE 40, ZUG V8 CH6300 |
Robert Philip Law | director | 2 TOWER MEWS, SALISBURY X0 SP1 3DJ |
Charles Richard Vos | director | 45 STAR STREET, LONDON X0 W2 1QA |
Nicholas Paul Carpinello | director | 1686 BEECHSHIRE DRIVE, CINCINNATI OH 45255 |
Stephen Michael Austin | director | 39 TEMPLE FORTUNE HILL, LONDON X0 NW11 7XP |
Brian James Collins | director, 10 percent owner, officer: VP, Chief Technology Officer | HEIDWEG 7B, KLOSTERS V8 7250 |
John D Hannesson | officer: Exec VP, Secretary | 18661 VIA PALATINO, IRVINE CA 92603 |
Kenneth F Raznick | director, 10 percent owner, officer: Chairman of the Board | ONE WAKONDA, DOVE CANYON CA 92679 |
Mark Dicamillo | officer: Exec VP, COO | ONE WAKONDA, DOVE CANYON CA 92679 |
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