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Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Cost of Goods Sold : €46.2 Mil (TTM As of Oct. 2023)


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What is Fermiere du Casino Municipal de Cannes Cost of Goods Sold?

Fermiere du Casino Municipal de Cannes's cost of goods sold for the six months ended in Oct. 2023 was €24.5 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Oct. 2023 was €46.2 Mil.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Fermiere du Casino Municipal de Cannes's Gross Margin % for the six months ended in Oct. 2023 was 76.83%.

Cost of Goods Sold is also directly linked to Inventory Turnover. Fermiere du Casino Municipal de Cannes's Inventory Turnover for the six months ended in Oct. 2023 was 17.37.


Fermiere du Casino Municipal de Cannes Cost of Goods Sold Historical Data

The historical data trend for Fermiere du Casino Municipal de Cannes'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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Fermiere du Casino Municipal de Cannes Cost of Goods Sold Chart

Fermiere du Casino Municipal de Cannes Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cost of Goods Sold
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.99 29.58 30.79 44.41 46.23

Fermiere du Casino Municipal de Cannes Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 24.59 19.56 24.86 21.78 24.45

Fermiere du Casino Municipal de Cannes 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 Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €46.2 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.


Fermiere du Casino Municipal de Cannes  (XPAR:FCMC) Cost of Goods Sold Explanation

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

Fermiere du Casino Municipal de Cannes's Gross Margin % for the six months ended in Oct. 2023 is calculated as:

Gross Margin %=(Revenue - Cost of Goods Sold) / Revenue
=(105.518 - 24.451) / 105.518
=76.83 %

* 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:

Fermiere du Casino Municipal de Cannes's Inventory Turnover for the six months ended in Oct. 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.


Fermiere du Casino Municipal de Cannes Cost of Goods Sold Related Terms

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Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Business Description

Traded in Other Exchanges
N/A
Address
Le Casino Croisette, 1 espace Lucien Barriere, Cannes, FRA, 06400
Fermiere du Casino Municipal de Cannes operates a chain of casino hotels in France. The company offers accommodation, casinos, restaurants, golf courses, spas, and event management.

Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Headlines

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