I have recently stumbled upon this stock and a quick once over showed some sound numbers - apologises if the following seems rudimentary, this is my first post.
I'm having some trouble calculating a COGS figure that aligns with some of the metrics they use within the annual report. How do you guys go about coming up with a Cost of Sales figure?
Intuition would suggest it would = Beg Inv + Change in Finished Goods - (End Inv - Finished Goods in Transit) no?
Would love some clarity on this.
Ann: Appendix 4E, Annual Accounts & Performance Guidance, page-16
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