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PT Indofood Sukses Makmur Tbk (STU:ISM) Cost of Goods Sold : €4,505 Mil (TTM As of Mar. 2024)


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What is PT Indofood Sukses Makmur Tbk Cost of Goods Sold?

PT Indofood Sukses Makmur Tbk's cost of goods sold for the three months ended in Mar. 2024 was €1,206 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was €4,505 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. PT Indofood Sukses Makmur Tbk's Gross Margin % for the three months ended in Mar. 2024 was 34.14%.

Cost of Goods Sold is also directly linked to Inventory Turnover. PT Indofood Sukses Makmur Tbk's Inventory Turnover for the three months ended in Mar. 2024 was 1.27.


PT Indofood Sukses Makmur Tbk Cost of Goods Sold Historical Data

The historical data trend for PT Indofood Sukses Makmur Tbk'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.

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PT Indofood Sukses Makmur Tbk Cost of Goods Sold Chart

PT Indofood Sukses Makmur Tbk 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 3,475.84 3,203.87 4,140.55 4,612.20 4,500.13

PT Indofood Sukses Makmur Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,305.74 1,088.72 1,142.07 1,067.64 1,206.33

PT Indofood Sukses Makmur Tbk 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,505 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.


PT Indofood Sukses Makmur Tbk  (STU:ISM) Cost of Goods Sold Explanation

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

PT Indofood Sukses Makmur Tbk's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(1831.593 - 1206.327) / 1831.593
=34.14 %

* 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:

PT Indofood Sukses Makmur Tbk's Inventory Turnover for the three months ended in Mar. 2024 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.


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PT Indofood Sukses Makmur Tbk (STU:ISM) Business Description

Traded in Other Exchanges
Address
Jalan Jend. Sudirman Kav 76-78, Sudirman Plaza, Indofood Tower, 27th Floor, Jakarta, IDN, 12910
PT Indofood Sukses Makmur Tbk is an Indonesian packaged food company. Its portfolio is diversified with operations in both raw materials and processed food. The company divides its operations into: Consumer branded products business Group, Bogasari Business Group, Agribusiness Group and Distribution Business Group. The consumer branded products segment produces a varied range of consumer-branded products such as noodles, dairy, snack foods, special foods, food seasonings, and beverages. Bogasari produces, packages, and ships wheat flour and pasta. The agribusiness operations are research, development, production, and marketing of branded cooking oils, margarine and shortening, processes rubber, sugar cane, and other crops. The Distribution segment distributes consumer products.