YanGuFang International Group Co (YanGuFang International Group Co) Cost of Goods Sold : $11.41 Mil (TTM As of Dec. 2022)

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What is YanGuFang International Group Co Cost of Goods Sold?

YanGuFang International Group Co's cost of goods sold for the six months ended in Dec. 2022 was $6.25 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2022 was $11.41 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. YanGuFang International Group Co's Gross Margin % for the six months ended in Dec. 2022 was 73.65%.

Cost of Goods Sold is also directly linked to Inventory Turnover. YanGuFang International Group Co's Inventory Turnover for the six months ended in Dec. 2022 was 1.15.

YanGuFang International Group Co Cost of Goods Sold Historical Data

The historical data trend for YanGuFang International Group Co'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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YanGuFang International Group Co Cost of Goods Sold Chart

YanGuFang International Group Co Annual Data

Trend

Jun20

Jun21

Jun22

Cost of Goods Sold

10.11

8.20

10.00

YanGuFang International Group Co Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Cost of Goods Sold	Get a 7-Day Free Trial			3.70	4.51	4.83	5.16	6.25

YanGuFang International Group Co 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $11.41 Mil.

YanGuFang International Group Co (OTCPK:YGFGF) Cost of Goods Sold Explanation

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

YanGuFang International Group Co's Gross Margin % for the six months ended in Dec. 2022 is calculated as:

Gross Margin %	=	(Revenue	-	Cost of Goods Sold)	/	Revenue
	=	(23.712	-	6.249)	/	23.712
	=	73.65 %

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:

YanGuFang International Group Co's Inventory Turnover for the six months ended in Dec. 2022 is calculated as:

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.249	/	5.443
	=	1.15

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.

YanGuFang International Group Co Cost of Goods Sold Related Terms

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YanGuFang International Group Co (YanGuFang International Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » YanGuFang International Group Co Ltd (OTCPK:YGFGF) » Definitions » Cost of Goods Sold

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Suhong Road, 3rd Floor, Building 3, Minhang District, Shanghai, CHN, 201100

Website

http://www.yangufang.com

YanGuFang International Group Co Ltd is primarily engaged in the production, research and development, and sales of oat and grain products through its direct salesforce and distribution network. Its product portfolio is broadly categorized into oat series products including oat germ groats, oatmeal, oat flour, oat bran, some of which are organic or green food series, and oat nutrient and health series products including oat peptide series, dietary fiber powder, oat biscuits, oil series, oat hand cream, and soap, and oat toothpaste.