Switch to:
Hasbro Inc (NAS:HAS)
Cost of Goods Sold
$2,056 Mil (TTM As of Sep. 2016)

Hasbro Inc's cost of goods sold for the six months ended in Sep. 2016 was $793 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Sep. 2016 was $2,056 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Hasbro Inc's Gross Margin for the six months ended in Sep. 2016 was 52.77%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Hasbro Inc's Inventory Turnover for the six months ended in Sep. 2016 was 1.34.


Definition

Cost of goods sold (COGS) refers to the Inventory costs of those goods a business has sold during a particular period.

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hasbro Inc Cost of Goods Sold for the trailing twelve months (TTM) ended in Sep. 2016 was $2,056 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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

Hasbro Inc's Gross Margin for the six months ended in Sep. 2016 is calculated as:

Gross Margin=(Revenue - Cost of Goods Sold) / Revenue
=(1679.757 - 793.28) / 1679.757
=52.77 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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:

Hasbro Inc's Inventory Turnover for the six months ended in Sep. 2016 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


Related Terms

Inventory, Inventory Turnover, Gross Margin, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Hasbro Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
COGS 1,3041,5771,6932,0071,9392,1751,9742,0122,0042,056

Hasbro Inc Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
COGS 391697608307352693704360391793
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK