GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Superior Industries International Inc (NYSE:SUP) » Definitions » Cost of Goods Sold

Superior Industries International (Superior Industries International) Cost of Goods Sold : $1,270 Mil (TTM As of Dec. 2023)


View and export this data going back to 1989. Start your Free Trial

What is Superior Industries International Cost of Goods Sold?

Superior Industries International's cost of goods sold for the three months ended in Dec. 2023 was $294 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Dec. 2023 was $1,270 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Superior Industries International's Gross Margin % for the three months ended in Dec. 2023 was 4.81%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Superior Industries International's Inventory Turnover for the three months ended in Dec. 2023 was 1.92.


Superior Industries International Cost of Goods Sold Historical Data

The historical data trend for Superior Industries International'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.

* Premium members only.

Superior Industries International Cost of Goods Sold Chart

Superior Industries International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,256.43 1,035.13 1,270.04 1,473.52 1,269.54

Superior Industries International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cost of Goods Sold Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 347.30 346.39 331.57 297.79 293.79

Superior Industries International 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,270 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.


Superior Industries International  (NYSE:SUP) Cost of Goods Sold Explanation

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

Superior Industries International's Gross Margin % for the three months ended in Dec. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(308.637 - 293.789) / 308.637
=4.81 %

* 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:

Superior Industries International's Inventory Turnover for the three months ended in Dec. 2023 is calculated as:

* 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.


Superior Industries International Cost of Goods Sold Related Terms

Thank you for viewing the detailed overview of Superior Industries International's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.


Superior Industries International (Superior Industries International) Business Description

Traded in Other Exchanges
Address
26600 Telegraph Road, Suite 400, Southfield, MI, USA, 48033
Superior Industries International Inc is engaged in the design and manufacture of aluminum wheels for sale to OEMs in North America and Europe and to the aftermarket in Europe. The company's OEM aluminum wheels are primarily sold for factory installation on vehicle models manufactured by BMW (including Mini), Daimler (Mercedes-Benz, AMG, Smart), Ford, GM, Honda, Jaguar-Land Rover, Lucid Motors, Mazda, Nissan, PSA, Renault, Stellantis, Subaru, Suzuki, Toyota, VW Group (Volkswagen, Audi, SEAT, Skoda, Porsche, Bentley) and Volvo. It sells aluminum wheels to the European aftermarket under the brands' ATS, RIAL, ALUTEC and ANZIO.
Executives
Mill Road Capital Iii, L.p. 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Timothy Trenary officer: Chief Financial Officer 33583 WOODWARD AVENUE, BIRMINGHAM MI 48009
Parveen Kakar officer: Senior Vice President
Kevin Martin Burke officer: Chief Human Resources Officer 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033
Michael Hatzfeld officer: VP Finance & Corp Controller C/O SUPERIOR INDUSTRIES INTERNATIONAL, 26600 TELEGRAPH RD., STE 400, SOUTHFIELD MI 48033
David M Sherbin officer: Senior VP and General Counsel 4181 AO SOUTHMOOR LANE, WEST BLOOMFIELD MI 48323
Andreas Meyer officer: SVP, President Europe 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033
Raynard D. Benvenuti director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Thomas E Lynch 10 percent owner 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
Mill Road Capital Iii Gp Llc 10 percent owner C/O MILL ROAD CAPITAL MANAGEMENT LLC, 328 PEMBERWICK ROAD, GREENWICH CT 06831
Michael Dorah officer: SVP, President North America C/O DELPHI TECHNOLOGIES PLC, 1 ANGEL COURT, 10TH FLOOR, LONDON X0 EC2R 7HJ
Majdi Abulaban officer: CEO C/O DELPHI AUTOMOTIVE LLP, 5725 DELPHI DRIVE, TROY MI 48098
Troy W Ford officer: Interim CFO 26600 TELEGRAPH ROAD, SUITE 400, SOUTHFIELD MI 48033