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Bunge Global's cost of goods sold for the three months ended in Dec. 2023 was $13,682 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $54,695 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Bunge Global's Gross Margin % for the three months ended in Dec. 2023 was 8.4%.
Cost of Goods Sold is also directly linked to Inventory Turnover. Bunge Global's Inventory Turnover for the three months ended in Dec. 2023 was 1.87.
The historical data trend for Bunge Global'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.
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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $54,695 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.
Bunge Global (NYSE:BG) Cost of Goods Sold Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Bunge Global's Gross Margin % for the three months ended in Dec. 2023 is calculated as:
Gross Margin % | = | (Revenue | - | Cost of Goods Sold) | / | Revenue |
= | (14936 | - | 13682) | / | 14936 | |
= | 8.4 % |
* 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:
Bunge Global's Inventory Turnover for the three months ended in Dec. 2023 is calculated as:
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 13682 | / | 7326.5 | |
= | 1.87 |
* 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.
Thank you for viewing the detailed overview of Bunge Global's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.
Christos Dimopoulos | officer: Pres., Global Supply Chains | C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Monica Houle Mcgurk | director | C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Kellie Sears | officer: Chief Human Resources Officer | C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Lustosa De Andrade Eliane Aleixo | director | C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Julio Garros | officer: Pres, Ag Develop, Ops & Mill | C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Simmons Jerry Matthews Jr | officer: See Remarks | C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Paul J Fribourg | director | 667 MADISON AVE, NEW YORK NY 10021 |
Continental Grain Co | director | 767 FIFTH AVENUE, NEW YORK NY 10153 |
Michael Kobori | director | C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Deborah Borg | officer: EVP & Chief HR, Comms Officer | BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Kenneth Simril | director | 1811 AKSARBEN DRIVE, OMAHA NE 68106 |
Gregory A Heckman | director, officer: Chief Executive Officer | C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Bernardo Hees | director | C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017 |
Raul Padilla | officer: CEO, Bunge Global Agribusiness | C/O BUNGE LTD, 50 MAIN STREET, WHITE PLAINS NY 10606 |
Vinita Bali | director | C/O BUNGE LIMITED, 50 MAIN STREET, 6TH FLOOR, WHITE PLAINS NY 10606 |
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