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Darelle Online Solutions (TSXV:DAR) Cost of Goods Sold : C$0.00 Mil (TTM As of Feb. 2024)


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What is Darelle Online Solutions Cost of Goods Sold?

Darelle Online Solutions's cost of goods sold for the three months ended in Feb. 2024 was C$0.00 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Feb. 2024 was C$0.00 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Darelle Online Solutions's Gross Margin % for the three months ended in Feb. 2024 was 100%.

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


Darelle Online Solutions Cost of Goods Sold Historical Data

The historical data trend for Darelle Online Solutions'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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Darelle Online Solutions Cost of Goods Sold Chart

Darelle Online Solutions Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cost of Goods Sold
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Darelle Online Solutions Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Darelle Online Solutions 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.


Darelle Online Solutions  (TSXV:DAR) Cost of Goods Sold Explanation

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

Darelle Online Solutions's Gross Margin % for the three months ended in Feb. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(0.01 - 0) / 0.01
=100 %

* 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:

Darelle Online Solutions's Inventory Turnover for the three months ended in Feb. 2024 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.


Darelle Online Solutions Cost of Goods Sold Related Terms

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Darelle Online Solutions (TSXV:DAR) Business Description

Traded in Other Exchanges
N/A
Address
4610 Sheridan Ridge Road, Nanaimo, BC, CAN, V9T 6S6
Darelle Online Solutions Inc is a Canada-based company. The company is mainly engaged in providing an online raffle lottery system to charities. The online raffle program enables charitable and non-profit organizations to create, sell, deliver, and manage their raffle ticket and 50/50 draws completely online. In addition, the company is also engaged in the development of various software solutions that can be easily integrated with the customer's websites. The company's revenue consists of consideration from customers for set-up fees and processing fees.
Executives
Kyle Kotapski 10% Security Holder