Year-on-year change rate of sales cost rate in a single quarter
factor.formula
Year-on-year change rate of cost of sales in a single quarter:
Formula explanation:
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The sales cost rate for the most recent quarter is calculated as follows: current sales cost / current operating income. The sales cost and operating income for the most recent quarter are taken from the company's most recently disclosed quarterly financial report.
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The sales cost rate for a single quarter in the same period of the previous year is calculated as follows: sales cost in the same period of the previous year / operating income in the same period of the previous year. Among them, the sales cost in the same period of the previous year and the operating income in the same period of the previous year are both taken from the quarterly financial report disclosed by the company in the same period of the previous year.
This formula calculates the percentage change in the cost of sales rate for a single quarter of the current period relative to the cost of sales rate for a single quarter of the previous year. The numerator is the difference between the cost of sales rate for the current period and the same period of the previous year, and the denominator is the cost of sales rate for the same period of the previous year.
Year-over-Year (YoY) is a commonly used indicator for evaluating the changing trend of time series data. Compared with Quarter-over-Quarter (QoQ), it can better reflect the long-term trend and avoid the interference of seasonal factors.
factor.explanation
The year-on-year change rate of the cost of sales ratio in a single quarter reflects the change in the cost of sales corresponding to the unit operating income of the company in the most recent quarter compared with the same period last year. The positive and negative values and the absolute value of this indicator have specific meanings:
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Positive value: Indicates that the company's cost of sales ratio in this quarter is higher than that in the same period last year, which may mean that the company's cost control ability has declined, or production costs, procurement costs, etc. have increased, which needs to be paid attention to.
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Negative value: Indicates that the company's cost of sales ratio in this quarter is lower than that in the same period last year, which may mean that the company's cost control ability has increased, or production efficiency and bargaining power have improved, which is usually a positive signal.
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Absolute value size: The larger the absolute value, the greater the change in the cost of sales ratio, and the more obvious the change in cost control ability. Investors need to analyze the reasons for the change in cost rate based on the specific situation of the company.
This indicator can help investors identify the changing trend of the company's cost control ability in the short term, and combine other financial indicators and industry information to comprehensively evaluate the company's operating conditions and profitability.