GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Swatch Group AG (OTCPK:SWGAY) » Definitions » PensionAndRetirementBenefit

The Swatch Group AG (The Swatch Group AG) PensionAndRetirementBenefit : $49 Mil (As of Dec. 2023)


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

What is The Swatch Group AG PensionAndRetirementBenefit?

The Swatch Group AG's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was $49 Mil.

The Swatch Group AG's quarterly PensionAndRetirementBenefit increased from Dec. 2022 ($46 Mil) to Jun. 2023 ($48 Mil) and increased from Jun. 2023 ($48 Mil) to Dec. 2023 ($49 Mil).

The Swatch Group AG's annual PensionAndRetirementBenefit increased from Dec. 2021 ($46 Mil) to Dec. 2022 ($46 Mil) and increased from Dec. 2022 ($46 Mil) to Dec. 2023 ($49 Mil).


The Swatch Group AG PensionAndRetirementBenefit Historical Data

The historical data trend for The Swatch Group AG's PensionAndRetirementBenefit 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.

The Swatch Group AG PensionAndRetirementBenefit Chart

The Swatch Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.82 48.40 45.60 46.16 48.57

The Swatch Group AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PensionAndRetirementBenefit 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 45.60 44.32 46.16 47.76 48.57

The Swatch Group AG PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.


The Swatch Group AG (The Swatch Group AG) Business Description

Address
Seevorstadt 6, Bienne, CHE, 2501
Swatch Group's biggest brands are Omega (number-two Swiss watch brand by sales after Rolex), Longines (the largest premium watch brand and number four by sales globally), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. Swatch group employs over 31,000 people, half of them in Switzerland. We estimate that Swatch Group makes about 30% of its sales from Omega, 17% from ultraluxury brands, 20% from Longines, 10% from Tissot, and 6% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.

The Swatch Group AG (The Swatch Group AG) Headlines

From GuruFocus

The Invesco European Fund Erases The Swatch Group From Its Portfolio

By Kyle Ferguson Kyle Ferguson 07-22-2016

David Herro Comments on Swatch Group AG

By Vera Yuan Vera Yuan 07-09-2015

David Winters - Why Do You Like Swatch?

By Grass Hopper Grass Hopper 04-02-2014

Tom Russo's Firm Cuts Mastercard, Berkshire

By Tiziano Frateschi Tiziano Frateschi 08-31-2020

David Winters' Wintergreen Fund's Top Five Stocks

By Monica Wolfe Monica Wolfe 09-01-2014

Swatch's Stock Has Bottomed Out

By Holmes Osborne, CFA Holmes Osborne, CFA 03-08-2017