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Hulic Reit (TSE:3295) Cost of Goods Sold : 円7,972 Mil (TTM As of Aug. 2023)


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What is Hulic Reit Cost of Goods Sold?

Hulic Reit's cost of goods sold for the six months ended in Aug. 2023 was 円3,991 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Aug. 2023 was 円7,972 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hulic Reit's Gross Margin % for the six months ended in Aug. 2023 was 64.44%.

Cost of Goods Sold is also directly linked to Inventory Turnover.


Hulic Reit Cost of Goods Sold Historical Data

The historical data trend for Hulic Reit'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.

* Premium members only.

Hulic Reit Cost of Goods Sold Chart

Hulic Reit Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only 6,023.86 6,794.33 6,855.56 7,244.09 7,819.18

Hulic Reit Semi-Annual Data
Apr14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 3,490.29 3,753.81 3,828.49 3,990.69 3,981.55

Hulic Reit 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 Aug. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円7,972 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.


Hulic Reit  (TSE:3295) Cost of Goods Sold Explanation

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

Hulic Reit's Gross Margin % for the six months ended in Aug. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(11222.483 - 3990.685) / 11222.483
=64.44 %

* 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:

Hulic Reit's Inventory Turnover for the six months ended in Aug. 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.


Hulic Reit Cost of Goods Sold Related Terms

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Hulic Reit (TSE:3295) Business Description

Traded in Other Exchanges
N/A
Address
2-6-9 Hatchobori, Chuo-ku, Tokyo, JPN, 104-0032
Hulic Reit, Inc. is engaged in the real estate lease business. The company focuses its investments on the Tokyo commercial property market. The company aims to achieve sustainable growth in assets and stable earnings from mid- to long-term perspectives. The company invests mainly in commercial properties and next-generation assets such as private nursing homes, network centers, and hotels.

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